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 : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?

To: At_The_Ask who wrote (1289)	4/3/2003 9:14:57 PM
From: steve from ihub	Read Replies (2) \| Respond to of 41638

Yes (he is me) that is what i was essentially looking for yesterday am when i realized a pattern was potentially in the works. The pattern is simply that these runs tend to go in three or four days on daily chart. Today was to be the flat day with tomorrow another follow thru rally day. the fact that nas/ndx went up as high as they did today and then pulled back, may well mean we dont reach the 1100 ndx, 1435 nas and 910 spx. they were max targets with lowside of the range about 10 pts lower in all cases. even those may not be touched thanks to psft. Weeks back i had max targets of 1155/1460/925 but have been scaling them back when appropriate as i am doing this week. any strength in the am (if we get any) and i will be buying sox puts when i feel it is petering out. tomorrow could very well mark the local top if we exceed todays levels. Either way i have until wed of next week as the latest for the top then we start a week or two down. beyond that im not concerned with. steve