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 : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: bobby beara who wrote (27329)9/10/1998 9:39:00 PM
From: HairBall  Respond to of 94695
 
bobby: I agree completely, but those are bear flags! And, they do portend a major move once they resolve!

Also, note the Dow Industrial 200 day SMA has been leveling off and dropped today. It needs to drop a few more days in a row to establish the trend.

BWDIK
Regards,
LG



To: bobby beara who wrote (27329)9/10/1998 9:41:00 PM
From: Brad Bolen  Read Replies (1) | Respond to of 94695
 
I'll tell ya what, Bobby.

What's gonna hurt is when that 50 day MA breaks through the 200 day...and she's closing fast, Captain!

She's gonna blow!

B.



To: bobby beara who wrote (27329)9/10/1998 10:56:00 PM
From: Richard J. Byrd  Read Replies (2) | Respond to of 94695
 
LG:
I agree with your analysis. Any rally tomorrow will be a sucker rally. But I don't recommend staying short over the weekend. Overnite risk is bad, overweekend risk is intolerable. I like to go flat every afternoon by 4:00pm. I sleep like a lamb. You can always pick up the position on Monday, IF your analysis is right.

Good Trading
Dick