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: Jorj X Mckie who wrote (5149)	6/24/2002 7:11:50 PM
From: Oral Roberts	Read Replies (2) \| Respond to of 17639

From YHOO NYSE Nasdaq Advances 1339 (39%) 1625 (42%) Declines 1891 (55%) 1950 (51%) Unchanged 187 (5%) 245 (6%) That is not the stuff of the new bull market. I'm not buying but wouldn't be surprised to see some upside again tomorrow. Bet you one crisp dollar that we give it all back and then some by Friday though:)

To: Jorj X Mckie who wrote (5149)	6/24/2002 8:11:52 PM
From: Challo Jeregy	Read Replies (1) \| Respond to of 17639

I checked that vix chart during the day and saw that triangle forming- tick hit +1000 almost twice -g- Basically, I am in agreement with your views but, damn, that was a nice turn around today - Summary of Don's chat yesterday (notice that he did have a daily class 1 on the semis) EDIT - I just realized - this rally will put us at mid-range just in time for the fed meeting -g- Chat Notes 6/23 8:30 PM Daily Signals: DOW, SPX, OEX: LOWER MIDRANGE These 3 also have IDENTICAL THREE BLACK CROWS on the daily chart. NAZ: CLASS 2 BUY, also has an INVERTED HAMMER. RUSSELL: MIDRANGE SOX: BORDERLINE CLASS 1 BUY, with Imperfect THREE BLACK CROWS. USD: CLASS 1 BUY (ON THURSDAY). If the USD closes at or near the lows on Monday it will move toward being a Negated signal. Weekly Signals: DOW, SPX, OEX, NAZ, NDX: CLASS 2 BUY SOX: BORDERLINE CLASS 1 BUY Monthly Signal: USD: IDENTICAL THREE BLACK CROWS Regarding the new indicator which Lee developed with Donald, it currently has a slightly higher than TWO BAR reading from late last week. The signal is taken on a weekly basis. Because of the THREE BLACK CROWS any run up or bounce in the market has a good chance of coming back down and retesting the low creating a double bottom, which could make for a good base from which to rally. A TWO BAR reading has signaled a 20% or more move up in the market. Donald would like to see the signals line up as a closing CLASS 1 BUY before placing long positions. He is paying particular attention to the S&P signal.