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: exp who wrote (20180)12/15/2002 9:59:54 PM
From: Jeffrey S. Lillie  Respond to of 30712
 
Hi exp,
you are not painting a bright position for my longs (ggg). This is a short term deal. from 2-8 trading days depending on the rate of rise (should we actually go up and not purge to lower levels as many now think we do).

I am extremeley glad you included the may top in 2001 as one of your examples. i believe we are tracking that pretty well and that is what i have been focusing in on the last few days. That would give us a 7-10% rise from fridays close setting a lower low. look at the candle on tues may 29. close near lows, pushing bb down, 50 ma right there as support EXACTLY like now. i am looking for a pivot high of 1088 which is above the mid bb which is just like june 01.

So thats what im thinking.
j



To: exp who wrote (20180)12/16/2002 10:47:28 AM
From: Jeffrey S. Lillie  Read Replies (1) | Respond to of 30712
 
one thing i find very interesting is the full sto on the daily ndx is dropping today. it has gone sub 10 while the index is rising. does raise a flag in my little brain
j