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 : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: Vendit™ who wrote (5703)3/1/2005 9:26:52 PM
From: Walkingshadow  Read Replies (1) | Respond to of 8752
 
<< am willing to bet that it is in Bull –trap rally mode for the opening bell tomorrow. >>

Maybe, but if so, then the index futures better shape up between now and the open. Currently they are trading with a significant bearish bias after a rough afterhours session. Dollar is trading up some, gold is down, but oil is trading near $52, trying to decide if it wants to try to make a run at the all-time high.

It is still early in the futures sessions, but at this point it looks to me like NY will open down, but if the futures markets shape up then bull trap it will be.

T



To: Vendit™ who wrote (5703)3/2/2005 6:04:25 AM
From: Walkingshadow  Read Replies (3) | Respond to of 8752
 
Hi Reid,

Here's a couple of interesting charts.

TMTA: finding support again?

139.142.147.218

AAPL: Still a relative strength market leader, but starting to show chinks in its armor?

139.142.147.218

TIBX: A 25% drop in the last 5 or 6 sessions on big volume didn't satisfy the market's thirst for blood apparently....got killed in afterhours after revising forward guidance down, now looks ready to start a new downtrend. Dead cat bounce, then short opportunity when it rallies into resistance at the 200 sma maybe?

stockcharts.com[w,a]daclyyay[dc][pb50!b200][vc60]&pref=G

What do you think?

T