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 : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?


To: quote 007 who wrote (5027)6/21/2002 9:58:22 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 17639
 
I'll let you know when I'm covering....

Here's what I will be looking for:

BPCOMPQ - 25% to 30%
VIX - 45 to 50
VXN - 80 to 85
TICK - (-)1200 to (-)1500
Panic selling on every index.

BTW: if you compare the 50pt DJIA chart, 10pt COMP chart and 5pt SPX, you will see some remarkable similarities. They are truly moving in lockstep.

DJIA
stockcharts.com
COMP
stockcharts.com
SPX
stockcharts.com



To: quote 007 who wrote (5027)6/22/2002 12:21:14 PM
From: SusieQ1065  Read Replies (1) | Respond to of 17639
 
FNM....a double bottom breakdown?...oops, that's not good.

so, how does one play a DBB?...wait for a bounce before shorting?

stockcharts.com