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: Lazarus_Long who wrote (9977)	7/22/2002 4:23:40 PM
From: Jorj X Mckie	Read Replies (2) \| Respond to of 17639

7500 is too high. On this leg, I am looking for the 1997 lows. the 98 low was 7379. The 97 low was 6377. So, you can either go for the 98 low at 7379 and assume that the dow catches up to the daq and SPX on the next leg down, or you can expect some serious carnage here very soon. It is clear that 300 pts isn't going to do it for capitulation. I think we need 500-600 pts or more. Dow chart stockcharts.com[r,a]waclyiay[d19910719,20020719][pb50!b200!f][vc60][iub14!la12,26,9][j5166081,y]&listNum=1