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.
Technology Stocks : Full Disclosure Trading -- Ignore unavailable to you. Want to Upgrade?


To: Susan Saline who wrote (7239)12/3/2003 4:55:08 PM
From: Return to Sender  Respond to of 13403
 
OT: Susan I agree with you. The new highs of numerous major indices today was not confirmed by new highs in the NDX or the SMH.

So we broke through 2000. Then what happened?

Well we sold off enough for me to think we might need to touch the lower Bollinger Bands again before a real good bottom is made.

My short term indicator charts suggest that the TRIN, TRINQ, VIX and VXO have all been showing way too little fear the last few days.

investorshub.com

In my opinion there is no sense buying much of anything until we see the TRIN and TRINQ with a 5 day sma over 1.5 or so along with higher VIX, VXO numbers and a much lower New Highs number.

On the other hand there was a lot of buying today among individuals on this thread who have proven themselves to be very good traders.

By that I mean better than me!

Good luck to all!

RtS