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 : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Peach who wrote (43470)7/4/2003 9:13:29 PM
From: PuddleGlum  Read Replies (1) | Respond to of 57110
 
How'd you do that? The invisible ink thing, I mean?



To: Peach who wrote (43470)7/4/2003 9:25:43 PM
From: PuddleGlum  Read Replies (1) | Respond to of 57110
 
Here's a percentage chart of SPX that makes it look like we could be set up for some extended unpleasantry. Sure, it pierced the BRL, but we've gone up a good deal without serious backing and filling.

stockcharts.com[PA][DA][F!5!1.0!]&pref=G

A former SI'er for whom I have a great deal of respect said at the beginning of June that he expected the top to come in on July 2. There is considerable evidence to support his claim:

Naz looks tired, with a bad candle at resistance:
stockcharts.com[m,a]daclyyay[pb50!b200][vc60][iUb14!La12,26,9]&pref=G

Look at VXN:
stockcharts.com

VIX has been frozen around 21 for an awfully long time, so it has to break down (up) sometime.