SI
SI
discoversearch

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: Jack of All Trades who wrote (57873)10/28/2002 10:39:32 AM
From: bruceleroy1_-  Read Replies (1) | Respond to of 209892
 
<No econo data until Nov 1st, any reason to think that it won't grind higher until bad news? >

i see consumer confidence on oct 29 and

3Q GDP, 3q ECI and Chicago PMI on Oct 31



To: Jack of All Trades who wrote (57873)10/28/2002 10:39:52 AM
From: JRI  Read Replies (1) | Respond to of 209892
 
This thing can of course grind higher...seasonally speaking....EOM speaking....I guess "stochastically" speaking it could as well, although it is usually not the place (buying short-term overbought in a bear market) that has paid bull dividends..

Some other indicators (vix, p/c) are showing more complacency among bulls last couple sessions..

Toss this salad up and your guess is as good as mine..but had a caught the 1st leg up, I'd be selling.....if I was looking to get in, I'd look for pullbacks, and let any (upside) profits go here.

You think the r/r for longs makes sense here (short-term)?



To: Jack of All Trades who wrote (57873)10/28/2002 10:44:23 AM
From: TimeToMakeTheInvs  Read Replies (1) | Respond to of 209892
 
Jack, bad economic data is bullish <g>. tim



To: Jack of All Trades who wrote (57873)10/28/2002 11:02:07 AM
From: bcrafty  Read Replies (1) | Respond to of 209892
 
Jack, a good bookmark for you

cbs.marketwatch.com