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: Haim R. Branisteanu who wrote (31342)10/12/1998 6:12:00 PM
From: set  Read Replies (2) | Respond to of 94695
 
re: shooting star

> DJIA and the SPX closed at or below the opening
> (wen all stocks were open)

aha - you inadvertently answered my question, which is why that
shows up clearly on SPY and DIA and not at all on SPX and DJIA.

but now, do you happen to know why the SPY and DIAmond
closed below the indices they represent? Do they normally
trade at a discount or is that a meaningful divergence?

Shahar



To: Haim R. Branisteanu who wrote (31342)10/12/1998 10:54:00 PM
From: g_m10  Respond to of 94695
 
GoGO is a trend follower and full of BS. In any case speaking of TA, IMHO we had a classic shooting star today, gap open long handle and close at or below opening, which is bearish short term.


Her only problem is she starts following the trend with a few years of delay. She'll turn bearish again when economy gets out of recession. <G>


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News