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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: bramble88 who wrote (32165)3/12/2003 8:36:09 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 57110
 
this is how I think it will play out

stockcharts.com[r,a]dcclyyay[d20010102,20030312][pi][vc60][iub14!uk14!lh14,5!la12,26,9][j10892201,y]&listNum=2



To: bramble88 who wrote (32165)3/13/2003 12:25:07 AM
From: PuddleGlum  Read Replies (2) | Respond to of 57110
 
Your bull flag on the SOX has meandered too long, the way I see it, so is now invalid. Which is not to say that it won't go up, because I just got a market buy signal with my indicators. My confidence in this signal is higher (higher, relative to VERY LOW, doesn't necessarily mean very high) than the bottom confirmation signal that I saw on 2/19, and the entry point is better. Interesting that today's low on Naz was only slightly below the low that it hit prior to the bottom confirmation signal. These signals usually last for weeks or months. And they're based on a mere 5 years of data. And right now they don't seem to accept the fact that Jorj is pointing the other direction. :-(

I tried to sell my QQQ puts today, but things didn't get nasty enough to have my order filled. Went long some LLTC.

On other fronts, we just refinanced our mortgage. Got a 15 year term at 4.75% with no points. $TYX has lightly breached a good support level, so we might be wishing in a few months that we had waited.