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 : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (23584)1/28/2003 11:08:07 PM
From: gypsees  Respond to of 57110
 
I was hoping it might bounce some tomorrow too..but sometimes on those large down candles, the next day is similar with little upside before continuing the slide. I suppose it depends somewhat on where the markets decide to open. The news in the semi's this afternoon could float things I suppose.



To: Jorj X Mckie who wrote (23584)1/28/2003 11:20:09 PM
From: gypsees  Respond to of 57110
 
I forgot.. BSTE hasn't actually broken it's trendline yet..and I am not sure how to "time" wedges. I would think a break of that trendline might be a signal to short even if it doesn't bounce any? Also I wonder about the risk/reward on shorting a small bounce since it hasn't broken the trendline. I know that those tall candles usually act as resistance too.. So now I've managed to confuse myself..lol..