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 : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?

To: FiveFour who wrote (4347)	12/7/2004 9:25:22 PM
From: Michael Watkins	Read Replies (1) \| Respond to of 12410

Very good - a bet on the index or ? BTW paying yourself makes good sense IMO. If last week's low is broken in the next day or so (a little bounce or some sideways grinding would not be a big surprise) then there certainly is enough time between now and Friday to retest 1166 and if that fails I would expect 1150 might be a possible next target eventually. On the other hand an extraordinarily positive petroleum report tomorrow might bring the bulls back tomorrow. Still I will be cautious on the long side until I start seeing new highs expand again...