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 (68722)3/17/2003 12:04:38 PM
From: AllansAlias  Read Replies (2) | Respond to of 209892
 
This afternoon? Imho, you are looking at the flag in too small a timeframe. It took months to build the flag and any breakout would run for another 3 or 4 weeks.

Are bears getting short at these new heights? Are they just watching? Are they now converted longs now waiting for a pullback? I ask these questions rhetorically to spur the folks here to have a plan. Turn off CNN and CNBC and write down a trading plan.

My plan is to hold unless NDX 1035 falls. You know me. I don't mind being wrong, happens often enough, but I won't tolerate being stubborn.



To: Shack who wrote (68722)3/17/2003 12:14:18 PM
From: JRI  Read Replies (1) | Respond to of 209892
 
Barring major collapse in the close, can't see how one can short this here....gap up/run possibility manana just too strong...and it could power up this aft. (as you noted)..although I agree with bc (nature of move), that VIX today makes me awfully uncomfortable of immediate collapse..

Its funny....as goofy as the UN system is (little countries with a lot of power), and as much as US has a case against this system, we are one to speak given the set up in the Senate- g,ng