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 : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: dennis michael patterson who wrote (38250)	7/22/2002 12:19:37 PM
From: Gersh Avery	Respond to of 52237

JnJ makes sense to me .. carefull if the SPX drops below 816. If it does that the mid tine could repel us down.

To: dennis michael patterson who wrote (38250)	7/22/2002 12:23:57 PM
From: Challo Jeregy	Read Replies (1) \| Respond to of 52237

From: Frederick Langford Monday, Jul 22, 2002 11:10 AM View Replies (1) \| Respond to of 21015 Don Sew's chat notes from this AM: ROUGH DRAFT) Chat Notes: 7/22 10:35 AM Daily Signals: (INTRADAY SIGNALS) NAZ, NDX, DOW : CLASS 2 BUY SPX, OEX: CLASS 1 BUY SOX : Borderline INTRADAY CLASS 1 BUY Donald is watching to see if the market closes at the lows to solidify these signals. If the market sells off tomorrow Donald will likely be getting CLASS 1 BUY signals on all indices. He is focusing on the S&P as a proxy to guide him. If today closes at the low he will close all of his short positions, and begin to leg in with a small long position (UOPIX). If the market makes a capitulation bottom this week Donald suspects there could be a retest around the second week of August. Donald mentioned that he sees 840-910 as a support zone on the NDX. Fred

To: dennis michael patterson who wrote (38250)	7/22/2002 12:28:41 PM
From: Gersh Avery	Read Replies (1) \| Respond to of 52237

Wanted to take the time to express more caution than in the last post. Redemptions are on a roll. This is a snowball thing. Be careful not to get caught in a landslide .. A bounce on the 816 mark is possible. But if we do bounce from there, the bounce may be very short lived. A close up from there would fill out Don Sew's intraday class buys but not on a close basis. That would set up further slide.