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


To: ajtj99 who wrote (20109)12/14/2002 12:31:50 PM
From: Jeffrey S. Lillie  Read Replies (1) | Respond to of 30712
 
Since you know i am finally looking up after meeting most of my down objectives, i must say that the 19th/20th could mark a pivot high. It is not my preferred scenario by any means, but it is possible. i was looking out to the following week or later for the pivot high so this would be a rush job and when it reversed it would be some serious selling.
my preferred has up mon(possibly after 10-12 pts down in am on the ndx ) thru tues or wed depending on rate of climb to the 13ema in 1050 range. pullback to 1030 then off to 1088 for the pivot high. in order for the 19/20th to mark a pivot high it would have to not waste a day getting thru the 13ema. to get to 1088, i need 83 pts in 4-5 days. a reasonable rise.

that said we would almost have to get there on trs and reverse hard continuing into friday as the 88 pt rise would be a 8.26% gain on the week in ndx and that just aint gonna happen.
j



To: ajtj99 who wrote (20109)12/14/2002 12:42:58 PM
From: jjstingray  Read Replies (1) | Respond to of 30712
 
Paul, I agree with the 19th being a low. If A=C, then the 19th will be the 5th day of C and we had 5 days of A. That is lining up a bit too perfect. Scary. I still have a target of 1320 to 1340 for the 19th. Price target on the QQQ's would be approximately, $23.10.

stockcharts.com[w,a]fhclyyay[d30][pf][vc60][ilb14!la12,26,9!lg!lp14,3,3!lk14!lah12,26,9!ll14][J8836031,Y]&pref=G

stockcharts.com[w,a]dhclyyay[db][pf][vc60][ilb14!la12,26,9!lg!lp14,3,3!lk14!lah12,26,9!ll14][J8850854,Y]&pref=G



To: ajtj99 who wrote (20109)12/16/2002 6:04:37 AM
From: Rich1  Read Replies (2) | Respond to of 30712
 
Carpino says cover shorts today at 876 if we get there,...