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

To: JRI who wrote (63127)	1/8/2003 7:40:17 PM
From: ajtj99	Respond to of 209892

Yeah, I sucked last night. What can I say <G>. I did say that if we breached 1064, I thought we'd re-trace more of the rise, so I got faked out, but not out of the immediate picture. This candle today has all kinds of bearish implications, evening star, you know. The weekly is a gravestone doji so far, but its too early to tell. We've been repelled by the 200SMA twice now. If we get close again, we'll have that falling resistance line off the Dec. 2002 high to deal with also. It may be tough to get a new high now. Don't tell anyone we're talking candles, however. Uh, I see a bit more to finish the flat at the end of the day, then a drop to finish the correction at or around 1030 NDX. Big Bradley turn coming on the 10th, but we may have had it already.