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: AllansAlias who wrote (41279)6/7/2002 10:32:13 AM
From: bcrafty  Respond to of 209892
 
I'm not buying or selling

I have my longs on gold, my protective GE puts, and otherwise I'm in cash.

Whenever I miss out on a good overnight puke I want to see a good bump on the index hourlies at least before I get any shorts in, and if I miss out on a wiggle long, I'm not concerned.

Patiently waiting . . . .



To: AllansAlias who wrote (41279)6/7/2002 10:32:15 AM
From: john722  Respond to of 209892
 
1200 Point Naz Tick Swing in 1 Hour <nm>



To: AllansAlias who wrote (41279)6/7/2002 10:32:43 AM
From: John Madarasz  Respond to of 209892
 
hb

Date Posted: June 07, 2002 at 09:59:02
Subject: equity p/c ratio

--------------------------------------------------------------------------------

after dumping their puts at the open and switching into calls, as evidenced by an opening 5 min. bar that OPENED at a ratio of 2.2 and CLOSED at a ratio of .48, heavy call buying has ensued. the ratio dropped to a low bar close of 0.33 20 minutes after the open, and now has produced a 0.59 bar.
there's NO panic here.
if i were to guess, i'd say that people are buying TYC and INTC calls, as they have done yesterday already (massive volume in the calls of those two yesterday), speculating on an imminent rebound - AGAIN.



To: AllansAlias who wrote (41279)6/7/2002 10:37:32 AM
From: Paul Shread  Read Replies (1) | Respond to of 209892
 
I thought you had 9480 as one potential target.



To: AllansAlias who wrote (41279)6/7/2002 11:14:23 AM
From: Berney  Read Replies (1) | Respond to of 209892
 
Interesting number on the GEm.

$28.50 is the .618 retracement from the end of 12/94 to the bull high. When it hit it on 9/21 it bounced hard, closing the day at $31.30.

However, looking at it on a monthly chart, it looks like that was the bottom of wave 3 and we are currently in a wave 5. JMHO, of course, and would welcome yours.

Berney