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 : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Lucretius who wrote (61711)	12/19/2002 2:47:36 PM
From: MechanicalMethod	Respond to of 94695

it's going up now

To: Lucretius who wrote (61711)	12/19/2002 2:51:28 PM
From: Gersh Avery	Read Replies (1) \| Respond to of 94695

remember the megaphone formation I showed you back then? They always break to the downside .. That one did .. filled out it's target. Then the index moved back up just to the upper line of the formation .. again .. this made an even larger megaphone formation .. At this time, we've only be bouncing along the bottom line of the formation .. When this one breaks down, the target will be about another 700 DOW points .. that's if it were to break down in the next day or two. The longer we take to break the more the point target will be .. I was serious dude .. I rarely just say "buy puts now." down is a long way .. --NG--