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: rocklobster who wrote (33557)	1/19/1998 1:45:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (1) \| Respond to of 58727

Richard Just one of the reasons why Don is King of the Market Prognosticators for the week Now this week we have a shootout coming....Who will by crowned King...the old king or the current one or a brand new one...or will we have no one because no one was right...or no one because everyone was right....Dont forget this is all in fun because I think special effort and accuracy should get a pat on the back (you lurkers could have a dynamite call but if you dont share with us...BOO HOO on you!)... and only applies to market calls...no stock calls...but maybe i should make a Prince award for the stock calls..oh god...King is hard enough! I am the Queen and I rule the roost so all decisions final AND you dont have to place a bet on your call for it to be valid. Effort and accuracy are effort and accuracy and that is enough for me. btw, some of you might want to check out Chris Chang's Stock Attack thread if you are into TA. Very willing and helpful people. here is Greg R's prognostication for the week...(to be eligible it has to be posted on the TSO thread- Kevin's TWO YEAR ANNIVERSARY IS COMING UP ) +lisa (376 ) From: +Greg R Monday, Jan 19 1998 9:41AM EST Reply # of 398 Lisa - I was going to send you a note last week. Remember the negative Stifled Bear Set that I said would only have a 0 to 5% chance because it had never been seen on the DOW? Well the low last Monday completed a perfect Stifled Bear-run. It followed the "exact" trend of the predicted Stifled Bear. I still do not want to believe the DOW could be so negative however I am forced to give it at least a 50% chance now. (If this was a stock I was looking at, I would say there was a 95% chance) I also learned I had the 13 week long bull-set drawn slightly too bullish. The potential peak has been postponed by five trading days. This market has turned so flaky with wild variations as it prepares to collapse, that I hesitate to make any predictions. What I expect for this week is: - The DOW peaks on January 21 and follows the trend of the Stifled Bear set downwards for about 4 trading days. This is normal regardless of how the current bull finishes out. -At that point, your guess is as good as mine. As I say, if it was a stock I would state that it will continue the Stifled Bear Downwards till it rested on a value of 7680 on Feb 2, then climb for a couple more trading days and then continue the Stifled bear. IF the next bear is going to be "normal", then this bull will peak out around the end of the first week of February at a last mighty attempt to break 8000. Could even get as high as 8050 for a few minutes. Meanwhile, personally, I have liquidated virtually everything except for two final stocks which are to be sold tomorrow or Wednesday. Having virtually all funds in Retirement plans, I am not allowed to sell short and cannot take advantage of the drop. If anyone knows how to do this, PLEASE tell me. +lisa (376 ) From: +Greg R Monday, Jan 19 1998 9:45AM EST Reply # of 399 Lisa - Remember that Inpathique uses intraday values and not closing values. Thus when I mention a number like 7680 I mean the low for the day is there, not the close and not the average. 8050 on the other hand, since I was talking a peak, would be the intraday high that could potentially be reached. Greg