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 : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?

To: Smiling Bob who wrote (5300)	1/4/2003 11:16:24 AM
From: Smiling Bob	Respond to of 19256

GS- called nearly perfect intraday- much better than Thursday. Wasn't around for cover, but opportunity was there for a 3rd try at change. Didn't do too badly on some others or with with DOW either. Follow with intraday chart. I think I got all of the posts here finance.yahoo.com ---- Message 18397837 To:scottonstocks who wrote (5297) From: scottonstocks Friday, Jan 3, 2003 1:42 PM Respond to of 5302 GS- short 70.4 bid edit nice buys coming on LEH. But looks clear to short 55.63 bid The DOW won't stay over 8600 for long 8609 now ----- Message 18397367 To:scottonstocks who wrote (5290) From: scottonstocks Friday, Jan 3, 2003 12:36 PM View Replies (1) \| Respond to of 5302 COF- 31.42 ask if need be, u can exit, but more coming today and next week DOW losing blood 8576 (edit)(want some GS profits?? 69.7 ask)) Message 18396526 To:scottonstocks who wrote (5289) From: scottonstocks Friday, Jan 3, 2003 10:15 AM View Replies (2) \| Respond to of 5297 COF- avg up or enter new short 32.10 bid edit GS-70.31 bid short again Message 18393197 ...COF- 31.37 short Good for at least 1.5- 2 sometime in the next few days, once we get past this Jan euphoria ------- Message 18396388 To:scottonstocks who wrote (5277) From: scottonstocks Friday, Jan 3, 2003 9:53 AM View Replies (1) \| Respond to of 5302 GS- in cover area - 69.74 ask Message 18394206 edit DOW should start moving up towards 8650 area, but unlikely to exceed. A month's resistance. Will turn afterwards. Look for shorts there 8614 now

To: Smiling Bob who wrote (5300)	1/4/2003 11:18:50 AM
From: Smiling Bob	Read Replies (7) \| Respond to of 19256

DOW found late day bottom at 8552, but last hour buying pushed it to close over 8600. A feat that opens the way for another day+ of upside towards Tuesday's stimulus plan ,then we get critique and reaction. Unless some innovative, plausible, and rapidly implemented actions are announced, 8730-40 intraday high on Tuesday, followed by downtrend retaking its position. I don't see us breaking 8800 in current environment and on such light volume. Any dramatic overnight news could change the course. We shouldn't be this high. From 1965 to 1983, we traded relatively flat, maybe a 10% range from 900 to 1000. The analysts whom rely so much on your investment dollar, conveniently fail to mention that when unrelentingly cheerleading that, "long term," it's always a good time to buy. We've traded in a ~500 pt range since mid-Oct, and the market is due to break one way or the other. I continue to see us bouncing from 8100 very soon... 2-3 weeks?? A small bounce though, with it offering no resistance on second hit, then we drift at 8000-8200 until Iraq or terrorism.