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 : Win Lose or Draw : Be A Steve, Make A Call -- Ignore unavailable to you. Want to Upgrade?


To: Jeffrey S. Lillie who wrote (92)2/1/2003 2:02:42 PM
From: Win-Lose-Draw  Read Replies (1) | Respond to of 11447
 
it's not crazy. if fireworks start, the rally may be short but may also go higher than any of us suspect. imo somewhere near here will be a level about 20% both from the next good top and the next good bottom. but which comes first? and when?

tucking a leap straddle into a dark corner might not be the nuttiest play in the world.



To: Jeffrey S. Lillie who wrote (92)2/1/2003 9:42:27 PM
From: Mike M  Respond to of 11447
 
Just don't hold your breath for that rally to start Jeffrey. Notice that the BP Index scraped along the bottom for about a month back in September... I suspect, following a weak rally attempt, we continue lower...



To: Jeffrey S. Lillie who wrote (92)2/1/2003 11:59:28 PM
From: LTK007  Read Replies (2) | Respond to of 11447
 
Jeffrey i counter with the chart i posted earlier and ask, when have we ever seen RSI so low with BPNDX that high while other indicators have a good deal of room.
RSI is in divergence and may just pancake along the bottom, i see little for a vigorous rally.
stockcharts.com[g,a]daclnnay[d20010803,20030131][pc5!c8!c13!c20!c50!f][ila12,26,9!lb14!li5,5!lh10,10][j6438750,y]&listNum=1
But more important regards SPX i think is this chart, by this chart i can give a possible for a bounce to 878 based on the blue line above the black line.(brand new comments just added)
stockcharts.com[g,a]daclyyay[pc8!c13!c20!c50!d20,2][vc60][iub14!la12,26,9!lp14,3,3!li5,5!lh10,10!lm12][j6480463,y]&listNum=1