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


To: Shack who wrote (62699)1/3/2003 5:09:24 PM
From: Paul Shread  Read Replies (1) | Respond to of 209892
 
That sounds right. I think the whole scenario would fit well with Zeev's call for a top/retest of the highs later this month.



To: Shack who wrote (62699)1/3/2003 5:42:59 PM
From: ajtj99  Respond to of 209892
 
Wow, another thing pointing to my long lost right shoulder at 1425 COMP.

The COMP went from the 1866 close on March 5 to a high of 1946 on March 11. 4-sessions, 4.2%

The COMP went from the 2059 close on Jan. 4 to a high of
2098 on Jan. 9. 3-sessions, 1.9%.

March 11 was a Monday the week prior to expiration.

January 9 was Wednesday the week prior to expiration.

This scenario ties in well with expiration week a week away.

What to look for? Maybe a top on Wednesday (4-sessions) at near 1425 COMP (1070 NDX) and maybe 927-930 SPX.