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 : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: donald sew who wrote (31287)	12/15/1997 5:29:00 PM
From: Heg Heg	Read Replies (1) \| Respond to of 58727

Don, one question: When would you expect this Technical Delayed Dip (TDD)? Do you expect the rally which started today continue through perhaps Wed or would you think it will be aborted earlier?? Do your readings give you a time frame?? TIA Heg

To: donald sew who wrote (31287)	12/15/1997 8:02:00 PM
From: MonsieurGonzo	Read Replies (2) \| Respond to of 58727

Don; RE:" TECHNICAL DELAYED DIP " ...you mean a Bull Trap, Don? {grin} We busted INDU's UpTrend and plunged real good - got oversold, and now we're pulling back to that original UpTrend. Yeah, I'm playing the bounce, too. But do you think there's any there, there, as Gertie Stein would say ? Judy says, "...no sustained rally in the works" (Tech Stocks, that is). Ain't no base, basis {grin} to paraphrase Ms. Toklas' paramour yet again. I mean, a bounce does not a new UpTrend make. Anyhoo, INTC held its neckline; it and TXN acted identically today - would have been Hammers, too - save for selloff towards close. Mr. DOW wants to rally so bad; got a pocket full of 6% change - but his NAZty grrrl-friend just keeps draggin' him downtown to eat Kimchee (^_^) Note the toppy-looking near-Doji on DAL today, mon ami. -Steve