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: skinowski who wrote (80748)	9/6/2003 11:11:38 PM
From: mishedlo	Respond to of 209892

FWIW - I have software that nailed the bottom on corn but I could not trade it cause my acct was not open. Even more annoying it nailed the bottom on the SF exactly one day before my acct was opened. Everone was so damn bullish about the US$ index hitting 101 and I could have chased but did not. It is now up nearly 2 cents which is a huge move in a currency. Look at the chart in corn again. It touched the bottom about three times and then headed up sharp. How is that any different than the DOW or S&P earlier this year EXCEPT there was no triple bottom on the DOW or S&P just a frigging sharp reversal. Look at the pound or Swiss Frank. Same story, chop around the bottom, a headfake breakout, retest of the bottom and an explosion up. You tend not to see those in the major INDICIES IMO. It is almost always a V as everyone and their brother is timing a bottom. Tops are always more roundish. We are rounding now IMO. I am clearly pissed I missed this trade by 1 FN day and even more pissed that I did not pony up the second day. M