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 : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: wizzards wine who wrote (6570)	9/1/1998 1:07:00 AM
From: Alan Smithee	Read Replies (1) \| Respond to of 34810

Hi Beebs, I think the 7000 is very possible within the next 2 days...and as for the market, it's been pretty BEARISH since April in general...Perhaps not the DOW 30 but the overall market...well it's not been a correction, a slow death perhaps but not bullish for months.. As a lurker who only discovered this thread some time ago (even though my friend OJ was waving his arms about Tom D and P&F last year), I'd be interested in knowing when the NYSEBP turned negative. In a related vein, would a pop to the upside in the next few days be considered a good opportunity to take short positions or initiate puts? Keep up the good work. Thanks. I hope someday to contribute something substantive to the thread. David