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


To: Shack who wrote (40543)5/29/2002 10:24:31 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
If you scrunch-up a NASDAQ intraday chart -- use, say, a 60min chart, and then scrunch it along the vertical axis -- you see what looks like a nice wedge off the 5/17 high.

The underline of said putative wedge was set yesterday and we are very close to testing it again this morning. If it an 'e' move before the hard bounce or are we going to Hound by falling out of it. That would be so bearish.



To: Shack who wrote (40543)5/29/2002 10:27:05 AM
From: AllansAlias  Read Replies (4) | Respond to of 209892
 
BTW, those damn SMH's are a tough option to trade compared to the QQQ's. This is not news to you and I can see why you moved away from them. MM's can really f*ck with you because of the relatively low volume. Mine were fairly deep in the money and they were offering almost nothing beyond intrinsic. That's perverse.



To: Shack who wrote (40543)5/29/2002 10:30:54 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
Gutsy call on waiting Shack.