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 : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: Jeff who wrote (3070)7/2/2002 11:24:54 AM
From: ajtj99  Read Replies (2) | Respond to of 30712
 
When we failed to bounce yesterday above NDX 1027 after dropping to 1018, it foreshadowed this weakness. When that happened, I believe I did mention the 980 NDX low might not hold. I do not recall mentioning a run to COMP 1560-1595.

Anyway, since you trade in longer time frames, what's happening now is probably just noise. However, if you're looking at 1357 as a low, I think 1306-1311 may be a better bet due to the gap support and triangle measurement. It also works well with e-wave targets. We'll see.

I've made money the past few days while playing rather conservatively with options. I think in the end that's what's important. I hope you're making money too.