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.

Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (65063)	7/25/2002 8:49:04 AM
From: michael97123	Read Replies (1) \| Respond to of 70976

G, I find this guys view interesting. And this jibes somewhat with zeevs analysis of the rally. He seems to be moving to a 1750-1850 top(then fall and then year end rally) and perhaps it will coincide with Federals time frame. If you buy into this at all G, would you consider selling out sometime in august with the intent of reentering in October after the retest? My fear about selling out at 1800, is that i will not have the cohones to buy back in at 1200-1400 in october. mike From ihub Posted by: federal reserves In reply to: None Date:7/24/2002 7:02:03 PM Post #of 8052 A market scenario A run up into the Aug 14th certification day, hyping the fact that no NEW blowups are occurring as the market slowly gains strength each day with 2 up 1 down type rallies. Then as the day approaches the fear factor lifts completely right into expiry with a blow off run. Pictures are taken of CEO's happily signing the documents to the cheers of investors. "Yes, I signed, on the dotted line!". Investors pile into those stocks. Afterwards the distribution starts with a slow seemingly upward but sneakily sideways move, then a sudden plunge as ultimate bottom retest into Sept/Oct builds; why - the fear builds surrounding the double dip recession (auto's and home's), international banking woes, and the terror scare on the 9/11 anniversary! These factors will trap door the markets. Once the terror factor lifts, and everyone realizes the government tech buying pump priming is staged for release right after the OCT 1st, and the FED out of fearing fear itself lowers rates another 50BPS, the market can begin a multi-month maybe multi-year rally into 2003/2004.

To: Gottfried who wrote (65063)	7/25/2002 9:01:11 AM
From: Sam Citron	Read Replies (1) \| Respond to of 70976

I would think price comes back a lot above open would be even more bullish [i.e. a large real body] Not necesarily. Coiled springs are smaller. Have greater potential energy. The longer the reed [?] body, the more power that has already been spent. Just guessing as to possible explanation. Is it possible to create a taxonomy of candlestick patterns from most bullish to most bearish or does the meaning only evolve as a pattern or combination of patterns which is difficult to classify in that manner? Sam