SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Chris who wrote (31834)3/8/2002 11:23:56 AM
From: Paul Shread  Respond to of 52237
 
Was just noticing that RSI has declined on SPX for the last 3-4 days as the index has pushed higher.

Nothing negative on the SOX, though; ~620 was a nice breakout.

We need to correct soon, though; flat or down for a while, maybe even for the rest of the month, may be in order. I was noticing a boatload of resistance on the Dow weekly around 10,700-10,800. No way we get through that the first time.



To: Chris who wrote (31834)3/8/2002 11:29:35 AM
From: Chris  Respond to of 52237
 
tightening stops.



To: Chris who wrote (31834)3/8/2002 12:20:29 PM
From: Jerry Olson  Respond to of 52237
 
plently of hard R at the double top at 1175/76...

so profits will be taken at some point, but the next move down should be a normal pull back ala P&F...

many alerts hit on the P&F indicators to the up side...