Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (38312)	5/8/2002 9:24:57 AM
From: velociraptor_	Read Replies (1) \| Respond to of 209892

Yup...the way it looks, we're going to open above yesterday's highs....if we pullback but don't take out yesterday's highs towards the downside, then we have an impulse in the making.

To: AllansAlias who wrote (38312)	5/8/2002 9:25:54 AM
From: Shack	Read Replies (1) \| Respond to of 209892

What's lock-limit these days?

To: AllansAlias who wrote (38312)	5/8/2002 9:29:16 AM
From: lifeisgood	Read Replies (1) \| Respond to of 209892

Big money loves these "good news" days to distribute stock. They are likely salivating right now at this opportunity. best... LIG

To: AllansAlias who wrote (38312)	5/8/2002 9:41:12 AM
From: John Madarasz	Respond to of 209892

follow thru and good volume will be the key, of course. unless there is some sort of external shock event, i don't think we get capitulation until later this summer/fall. long term bullish % charts back to '96 support some type of weak sideways action as well. many of the indices in the past, after strong bounces from major lows, have seemed to consolidate during the upcoming period in the past, before tanking in the fall. again, the BEST possible scenario would be that continued weak chopping/wedging/ channel down to those sept lows for loads of longs