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 : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Jerry Olson who wrote (78140)	7/31/2003 4:16:35 PM
From: The Freep	Read Replies (1) \| Respond to of 209892

Jerry -- which candles are the same as last Thursday? Mind you, dojis like the ndx, etc., might mean diddly. Sadism says we go lower. Saddamism says we go higher. Tomorrow's econ reports will say... ? (I'd say they'd send us up, but if Michigan CC parrots Tuesday's confidence number, they won't. I've got no strong inkling one way or the other, personally. My bias would be that we take a dip here, but it's not a huge bias. the freep

To: Jerry Olson who wrote (78140)	7/31/2003 5:11:54 PM
From: yard_man	Read Replies (1) \| Respond to of 209892

>>here's the rub tho..last thurs that same stick appeared..everyone was looking for death and destruction on friday.. no ceeegar..we rallied up like a scared deer... << it's different this time -- it's the end of the month.

To: Jerry Olson who wrote (78140)	7/31/2003 10:32:47 PM
From: AllansAlias	Read Replies (1) \| Respond to of 209892

Disagree Jerry. Forgetting the stick, which I don't think is similar, we had a breakout failure today. You and I have talked about the "thin air" up here for about a month now. If one wasn't already light on the long side, today was a warning shot for anyone significantly long. No time to be taking anything but small long-side risk imho. Bank charts are too scary looking after today's close. Hey man, if I am wrong and we close up on the week past that big-ass Dow line or 390 in SOX, I'll be the first to think about adding some long exposure.