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

To: Techplayer who wrote (7727)	3/23/2003 8:49:30 PM
From: Win-Lose-Draw	Read Replies (3) \| Respond to of 11447

imo you're probably early. this was a power move, there should be a buyable dip right in front of us. after that, it should be safe to short the snot out of it.

To: Techplayer who wrote (7727)	3/23/2003 10:38:33 PM
From: LTK007	Read Replies (3) \| Respond to of 11447

I want to watch the next day or two very carefully. I am one of those who do worry over PPT power in times such as these, i will be watching close tonight's action in the futures as at this MOMENT the futures are quite red as they SHOULD be(i continue on the other side of this data) Quotes as of Mar 23, 2003 (Pacific Time) Last Quote Current Market Mth Open High Low Last Change Date Time Bid Ask S & P 500(CME)(Globex) Jun 885.70 885.70 880.50 884.40 -8.80 3/23/2003 18:50 884.20 884.50 S & P 500 E-Mini(Globex) Jun 885.50 885.50 880.50 884.50 -8.75 3/23/2003 18:50 884.25 884.50 NASDAQ 100(CME)(Globex) Jun 1085.00 1086.00 1082.00 1085.50 -9.00 3/23/2003 18:46 1085.50 1086.50 NASDAQ 100 E-Mini(Globex) Jun 1085.00 1087.50 1081.50 1086.00 -8.50 3/23/2003 18:48 1086.00 1086.50 DJIA Index(CBOT) Jun 8340 8500 8296 8480s +218 3/21/2003 13:31 DJIA Index a/c/e (CBOT) Jun 8391 8404 8380 8400 -80 3/23/2003 18:48 8395 8400>> This is expected, IF they start jamming upwards after 6a.m. EST i will know PPT are not letting up and i have to calculate just how far they can take this---i look for PPT action when i see a quite negative evening futures which then goes into a futuresrally up come morning.(this is the signature of big time manipulation). i just want to hold off my call until later tomorrow. But right at this moment SPX and COMPX indicators on the daily are in a distinct OVERBOUGHT status, the highest readings since the the third week of October (10/20-10/22 period). In that event we had a sell-off but a strong bounce off what we call the AV levels here(and we rallied again from 11/11 until 12/2). In case of RSI, it be 50,in case of stos it be 50 and others vary. If we sell-off and the AVs are broken through we can say this rally was just another fizzle. But i should note, i was stunned to see Byron Wien Chief Strategist of MSDW has declared last week's action as the beginning of THE NEW BULL MARKET i encourage opinions of Byron Wien be expressed, i did not consider him one of those that would make such a brash New Bull Market call but i really do not know his track record. Max