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


To: donald sew who wrote (49367)8/5/1998 6:52:00 PM
From: Broken_Clock  Read Replies (1) | Respond to of 58727
 
donald....
we missed "black wednesday" but i have a feeling that "navy blue thursday" is just around the corner. I usually don't watch cnbc(no cable) or anything else for that matter but last night and this morning on the Today Show they trotted out Insana, and the rest of the crowd to assure the public that all is well. very scary.



To: donald sew who wrote (49367)8/5/1998 7:11:00 PM
From: SE  Read Replies (1) | Respond to of 58727
 
I think that the fact that the PREM (+13.50 or so)/TICK (movement -1300 to +900)/TIKI +30 is signalling a top has been put in. Normally this extreme in all three trigers the opposite direction within a day. Yesterdays close had all three massively negative....today's close had all three massively positive....

I suggest by tomorrow afternoon we are going back down.

BWDIK!

:)

I have noticed you pay closer attention to the movement than the absolute numbers. Actually, that is what I am doing with my analysis for buys/sells on the SPOO as well. It is movement as opposed to levels that triggers the system.

-Scott



To: donald sew who wrote (49367)8/5/1998 11:03:00 PM
From: MonsieurGonzo  Read Replies (1) | Respond to of 58727
 
donald; RE:" SPY "

According to my charts, donald, SPY bounced off of its 200d EMA line at ~106 today. That last buy programme created what appear to be hammers on most of my sector charts. I'm playing the dead cat bounce with 1 DRZAJ Jan99 DRG.X 650 CALL @ 56-3/8 (^_^)

The monthly candlesticks for DRG.X, and other sector indices, show either a gravestone doji or a shooting star top for the month of July.

-Steve