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

To: quote 007 who wrote (5046)	6/22/2002 1:47:40 PM
From: SusieQ1065	Read Replies (1) \| Respond to of 17639

but there is a slight chance it is a bear trap yes, i agree...actually what i am thinking at the moment, is that this first test of SPX September Low....might give us nice Snap~Back? But that is 40 points away...not sure what the time frame would be to test that....another two weeks, at current rate of decline? i just keep thinking about how ferociously some of these Dow stocks snapped back at the September lows...might be some nice long plays there if that scenario repeats..

To: quote 007 who wrote (5046)	6/22/2002 2:13:52 PM
From: J.B.C.	Read Replies (2) \| Respond to of 17639

That IS a serious breakdown on FNM. I think that it's the kind that is shortable. Jim 90 ----------------------------------------------------------+-------------------------------90 - 89 \| 89 88 * \| 88 87 X 7 * \| Top87 86 X O X O * \| 86 85 ------------------X --X O X O 8 * ------------X --* ------\| ----------* ------------------85 - 84 X O X O O X O * X X O X * \| X * 84 83 6 O X O X O * X O X O X O * \| X X O * 83 82 X X O X O * O X X O X B O X O * \| X O 4 O * 82 81 X X X O X O * * O X O A O X O X O O * X O X O 81 80 - 4 O X --X O X O X ----* ------O X O X O X O X --* O ----X * X O X --X O X ---------- Med80 - 79 X O X O X O X O * O X O X O X O * O X X O X O X O 3 O X O 79 78 X O X O X 5 X * O X O X O X * C X O X O X 2 X O X 6 X O 78 77 X O O X O X * O X O X O * O X O X 1 X O X O X O X O 77 76 X * O X O X * O X O X * O O \| O O O O O 76 75 - X * --O X O * ----------------9 X O X * ----------------\| ----------------O ------------75 - 74 * O * O O * \| 74 73 * \| Bot73 72 \| 72 71 \| 71 70 ----------------------------------------------------------\| ------------------------------70 -