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 : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: The Jedi who wrote (2830)8/31/1998 12:15:00 PM
From: Tom Trader  Read Replies (1) | Respond to of 44573
 
>>either we have reached a short term bottom or we are going to slide off the face of the earth. <<

I guess it boils down to what one deems a short-term bottom.

I find the rebound in the futures interesting when they lifted the halt and that is what got the cash up again.

I am beyond being able to figure out what it is going to do next--I'd like to short it--but the stop would have to be very wide and I don't know that I am willing to risk that much downside if I am wrong. I'll have to wait till it rebounds and then show signs of faltering--if I am going to take the plunge



To: The Jedi who wrote (2830)8/31/1998 4:57:00 PM
From: The Jedi  Respond to of 44573
 
Well that was quick, we slid off the face of the earth. By end of the week we could be at 7000 DJ30, but it may happen by tomorrow, so may be we could see 6400 DJ30 by end of the week, before any serious effort for a rally is put on.

Kiri

Shit happens!!!!!!!!!!!