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 : The New Bull Market. -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (739)	6/17/2002 7:58:25 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 1750

On the duration of this move higher... one factor in your favor is the non confirmation in the 25 day sum... it didn't reach a pure sold area below the ratio of 0.84.... However the last time the market reached close to a negitive -4952 was back in Mar 16, 2001.... at -4631 (leaving out 9/11). It reversed down the next day -600 points to below 0.84 and set up a +2000 point move in the next 3 days...!

To: GROUND ZERO™ who wrote (739)	6/17/2002 7:59:53 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 1750

On the duration of this move higher... one factor in your favor is the non confirmation in the 25 day sum... it didn't reach a pure sold area below the ratio of 0.84.... However the last time the market reached close to a negative -4952 was back in Mar 16, 2001.... at -4631 (leaving out 9/11). It reversed down the next day -600 points to below 0.84 and set up a +2000 point move in the next 3 days...! Nothing repeats itself, but I'd have wished for a reading below 0.84