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.

Non-Tech : Raptor's Den -- Ignore unavailable to you. Want to Upgrade?

To: Shack who wrote (2643)	8/10/2002 12:54:00 AM
From: mishedlo	Read Replies (1) \| Respond to of 10157

Short the DOW? Hell try this one then. quote.cboe.com This chart kinda looks bullsish but look at that gap. stockcharts.com[m,a]daclyyay[pb50!b200][vc60][iUb14!La12,26,9]&pref=G Max Pain believers might note that pain is at 27.5 officially although it looks a lot more like 30 to me based on options volume. Picked up a few sept 30's today. M

To: Shack who wrote (2643)	8/10/2002 8:06:01 AM
From: skinowski	Read Replies (1) \| Respond to of 10157

Well… your scenario for the market to spend a few weeks building an ‘abc of B’ would go a long way in getting everyone discombobulated, which is exactly where Mr. Market wants us… Do you have criteria under which you would accept that the decline from near here is actually a resumption of the larger downtrend? Thx.

To: Shack who wrote (2643)	8/10/2002 10:45:22 AM
From: velociraptor_	Read Replies (5) \| Respond to of 10157

The ending diagonal I see is the little black 'a' to the little black 'b'. It's the whole move and not just the last wave as you have outlined. Ending don't always have to overlap. I can make a case for the one you outlined as a corrective 4 and a wave 5. Interesting count and either way, both should lead the DOW down by at least 600 points on your count and even more on mine. Worth being short. Trade show was well attended but I am under the impression that it is not as well attended as prior shows. Most people who were asked in seminars, replied that they have been trading for at least 3 years and many more than tht. My perception is that the majority of the crowd was also about 35-40 years or older. I felt young there being 31. :o)