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 : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (47490)	7/25/2002 2:07:39 PM
From: ajtj99	Respond to of 209892

Wow, I didn't even see that AA. I guess I don't look for wiggles much lately <G>. A good rule of thumb that's served me well the past few months is anytime an index does a greater than 50% re-trace off a bounce high, the re-test is on. When the NDX breached 920 and then 910, it set that scenario in motion. It is kind of strange that the BTK and now the SOXX have reached my targets for this low. I think the only holdout is still MSFT. Maybe MSFT gets its low, your ORCL puts make you rich, and we go up for a little more sustained 4.