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 : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: jjs_ynot who wrote (17527)8/5/1998 4:03:00 PM
From: Clint E.  Read Replies (1) | Respond to of 69744
 
>>>It will be interesting if it holds for the next several days.

It will eventually be filled but strong jobs data on Friday could take us higher for a couple of days.

I won't be here to mull over that. You folks enjoy it!

Clint



To: jjs_ynot who wrote (17527)8/5/1998 4:10:00 PM
From: space cadet  Read Replies (1) | Respond to of 69744
 
dave, I got the same feeling on this late rally. I think the big boys just used up a lot of their precious ammo on that rally and given that the funds are near an all time low on cash I don't think they can afford too many more of these "victories". They may have won the battle but the war is still in question. I think the next 2 days are absolutely crucial. If we go up from here then at least a temporary bottom is in place but I personally wouldn't bet that way, though I'm still on the sidelines.