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 : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: At_The_Ask who wrote (57992)	10/29/2002 7:26:17 PM
From: Shack	Read Replies (2) \| Respond to of 209892

Don't bet on a crash. Judging form the QQQ option situation, there will be some strong "poot support" at 23. Puts are really stacked on the Novembers. My guess is come Nov 15, we ain't far from where we are right now.

To: At_The_Ask who wrote (57992)	10/30/2002 12:16:33 AM
From: UnBelievable	Read Replies (1) \| Respond to of 209892

Does Completing A 38 - 50 % Retracement of The October Rally to SPX 825 - 850 between now and the end of next week count as a crash? I would expect that we see a lot of volatility Wednesday and Thursday attributable to the cross currents of EOM window dressing and MUFU end of fiscal year tax selling. By the end of next week we should have completed the retrace and I think we can expect AG to put on his Santa suit and push the market up until the end of the year. A green annual candle for INDU is quite possible and unless there are events beyond anyone's control will be hard for the banksters to resist. The only thing that bothers me is that those GS holders keep selling their shares.