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 : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Electric who wrote (15535)9/12/1998 1:44:00 PM
From: Chris  Read Replies (2) | Respond to of 42787
 
hi all,

just a brief post on the overall mkt. In the future, im planning to post weekly on the mkt.

looking at spx, we are in an uptrend WITHIN a larger downtrend. if you notice the last few sessions, we have HIGHER lows, which is bullish.

however, overall, you see a large downtrend -- connect highs of 7/20/98, 8/26/98, and extend that line down.

again, it's a trader's world for these short-term swings.

=========
I have just received an update version for ADVANCED GET that shows trend strength. Currently, it also confirms downtrend (large picture).

Using the software, important TURNING DATES (direction unknown), OCTOBER 5 to 15 is VERY important. A very big move.

for you dow enthusiast, support at 7500. resistance at 8020ish.
and again, we have a downward trendline connecting peaks of 7/20/98, 8/25/98, and extend it downward.

the new trend strength indicator from GET is also downward.

=========
Overall, i think we will hold steady for about a week, and then see further downside if 7500 is broken. next support at 7000

=========
For you dell enthusiast, we have some major moves within the next 2 weeks. direction unknown but my educated guess is a series of up AND down moves within the 52 and 62 trading range.

Have a good week all.



To: Electric who wrote (15535)9/13/1998 1:43:00 PM
From: Sonki  Read Replies (1) | Respond to of 42787
 
e, i know u meant naz 100, ndx was up 4.4% on friday dell up 4.91,
naz 100 is what i track my portfoilo against not s&p or Nasdaq.

for the week NDX (naz 100) was up 7%... dell was pretty much flat for the week. friday to friday week = last 5 days.

do you know where I can get a 1 year chart of NDX?

yahoo only shows 5d. quote.com is not showing NDX chart.

i would like to overlay chart of s&p w. ndx.
quote.yahoo.com

btw: my best performer was sunw up 14% for the week beating ndx up 7%.
this thing has anohter easy 10% to go.

this just got a recommendation in the news letter as the mngmt sees good times up ahead.