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 : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?

To: Susan G who wrote (22067)	8/5/2002 9:48:20 PM
From: Susan G	Respond to of 26752

Channel charts for tonight. UGH. Not much to say except the BTK daily wedge is cracking, and that SOX pattern was a messy daily bearflag, it broke today. Or as Ralph Bloch said this evening, the SOX collapsed today... SPX is about to blow through its channel again, the DOW did today. Gotta be a bounce soon, but one to sell into... NDX mywebpages.comcast.net COMPX mywebpages.comcast.net DOW mywebpages.comcast.net SPX mywebpages.comcast.net SOX mywebpages.comcast.net BTK mywebpages.comcast.net

To: Susan G who wrote (22067)	8/5/2002 10:12:59 PM
From: j g cordes	Read Replies (1) \| Respond to of 26752

RE. the article on two 90% down days.. anyone know how many times that's happened? If its only happened lets say twice ( '29 and '87 ) then the statistical correlation would require the market to have similar drops of misery.. then again if 90%er's are common we're not in such a bad way. It bugs me when they site some stat like that but don't back it up with content so one can give the argument some thought.