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 : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: HammerHead who wrote (86959)4/2/2009 1:38:19 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 94695
 
Yeah, you're right about that, it's probably the weakest right now... not yet, I'm waiting for 858.20 or so before I start selling or writing calls... it may not get there today, but I expect to see much higher markets before long anyhow, so I'm pretty comfortable with my positions here... the banking group probably got ahead of itself... C and BAC are both still slightly up for the moment, I think the rally will still continue, we're still pretty much oversold right now after the last 55 point SP pull back...

GZ



To: HammerHead who wrote (86959)4/2/2009 1:48:46 PM
From: GROUND ZERO™  Respond to of 94695
 
BTW, if we do pull back from here, I would believe the 810 to 812ish level should hold it as the low for tomorrow if we sell off in reaction to tomorrow's unemployment numbers, a 28 to 30 point sell off would be normal and healthy, but I definitely expect higher levels before this rally has run its course...

GZ


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News