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 : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Jerry Olson who wrote (39193)	8/23/2002 2:51:12 PM
From: Frederick Langford	Respond to of 52237

Update: -------------------------------------- Market Swing Discussion: Chat Room Notes and Recaps ------------------------------------------------------------ Posted by Nikko_thyme on Friday, August 23, 2002 - 2:44 pm: Chat Notes: 8/23 1:30 PM Donald pointed out the two Evening Stars forming on the NAZ, and NDX. The market internals have not significantly improved during this rally. After moving down the minimum expected move, the DOW's CLASS 1 SELL signal has been fulfilled. The Capitulation indicator has reversed back to the mean, after the markets rally up. Donald noted the possibility of the Friday/Monday affect, where Monday may be flat or down. Lee's extensive analysis points to a possible top on or near Aug. 23 and Sept. 7. Donald currently has an extra large short position, after averaging in during the move up. Donald would be cautious about buying dips, and thinks if there is an end of month rally it may only produce a lower high.

To: Jerry Olson who wrote (39193)	8/23/2002 2:52:13 PM
From: Paul Shread	Read Replies (3) \| Respond to of 52237

Market Swing Discussion: Chat Room Notes and Recaps ------------------------------------------------------------ Posted by Nikko_thyme on Friday, August 23, 2002 - 2:44 pm: Chat Notes: 8/23 1:30 PM Donald pointed out the two Evening Stars forming on the NAZ, and NDX. The market internals have not significantly improved during this rally. After moving down the minimum expected move, the DOW's CLASS 1 SELL signal has been fulfilled. The Capitulation indicator has reversed back to the mean, after the markets rally up. Donald noted the possibility of the Friday/Monday affect, where Monday may be flat or down. Lee's extensive analysis points to a possible top on or near Aug. 23 and Sept. 7. Donald currently has an extra large short position, after averaging in during the move up. Donald would be cautious about buying dips, and thinks if there is an end of month rally it may only produce a lower high.