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 : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Jeff who wrote (57011)4/26/2002 11:34:45 AM
From: Jeff  Read Replies (1) | Respond to of 99280
 
i know this is hard to imagine for most folks.....

but in order for a sept retest to even happen....first that 1696 had to break......

well...it made a lower low.....

so the door is now open for a possible trip to 1400's....

its just a question now of how we get there....

either one straight slow bleed down......

or

one more sucker rally toward that gap at 1780-1795....or a lower high in the mid 1700's before more down.....

the breaking of 1696 is bad folks....make no mistake about it.....

the bear pattern continues from 2000 of lower highs.....

and now...since the brief bull run from sept 11.....the pattern has begun to make lower lows again with the breaking of 1696.....