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 : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: Win-Lose-Draw who wrote (12067)	10/24/2002 1:15:26 AM
From: KevinMark	Respond to of 30712

Hard to tell. Sentiment indicators are not even close to becoming over bought with the exception of the "$BPNDX:$VXN" which was slightly overbought last Oct before another 400 points were tacked on to the markets which ultimately ended in a Jan 2002 top. And, the weekly COMPX stochastics are climbing and are coming close to surpassing 50 to the upside. 2001 year end rally had the weekly stochastics blasting all the way up to 87. If it does it again, we'll more than likely get my original target of 1500-1600 by years end, but will have to see how the indicators react in the coming weeks. It's a good possibility we may be setting up for another 2003 top in Jan., but we'll have to see how things line up over the next few weeks.