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 : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: ajtj99 who wrote (371)5/16/2002 1:54:06 AM
From: augieboo  Read Replies (1) | Respond to of 30712
 
AJ, nice charts, nice commentary, bad premise, IMHO.

Looking at the daily COMPX, all I can say is that 20 EMA we've been over for 2 days HAS to hold. HAS TO! Otherwise the downtrend will resume.

I see nothing positive about the COMP holding above the 20 EMA or continuing to rally from here. The longer we take to bleed the excesses out of the market, the worse it will be. I say, let's pop this gigantic boil on the arse of the economy and move on!

augie