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 : TA-Quotes Plus -- Ignore unavailable to you. Want to Upgrade?

To: NW_Trader who wrote (5339)	7/11/1998 2:37:00 PM
From: TechTrader42	Read Replies (1) \| Respond to of 11149

Patrick: Thanks for the info. I'll go out on a limb and say that I think the bears are itchin' to chase us back up into the trees. But we seem to be at the beginning of a summer rally: The McClellan Summation Index has just risen over its 50-day moving average, after recently climbing above the 5-. 10- and 40-day MA's. Also the index recently rose above resistance. It may be true that the fun isn't going to last. There are signs of weakness, lots of troubling divergences, etc., but you can use stops to protect profits. Even if the market does fall, some stocks will continue to rise, and you can use QP scans to find them. Or you can find some high-flying junk to short sell. Brooke