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: Cynic 2005 who wrote (9973)11/18/1997 1:18:00 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 94695
 
Mohan,

I didn't say there will be plenty of time left, I said there will be plenty of room left. By 'room' I mean plenty of downside to go. I agree with you that the break will be swift and violent. My entry point will be any close below 7400. I agree one should move quickly at that time. And, again, there will be plenty of room to go before any meaningful bottom is reached. I would expect it to hesitate some and chop around while moving closer to 6900. After it closes below 6900, we should likely see several days of 500 point moves.

GZ