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 : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Jurgen who wrote (18175)10/27/1998 10:04:00 PM
From: Clint E.  Respond to of 68460
 
Jurgen, you gave your age away. Now I know who to go to for some fatherly advice!

>>>the last 3 weeks have been real good for me.

Just after you came out of the closet, right?

>>>There should be some healthy consolidation, i wouldn't expect a major retreat. We've probably seen the highs and the lows for 1998, trading range 7800-8800 for the rest of the year IMO. What do you think?

I agree that we have seen the lows and the highs for the year.

We are now at a critical juncture with many conflicting forces in the next few days.......let me get back to you late tonight on the rest.

Clint



To: Jurgen who wrote (18175)10/28/1998 9:32:00 AM
From: Clint E.  Read Replies (1) | Respond to of 68460
 
Morning, Jurgen. Dosed off on the couch last night while watching TV.

Looked at yesterday's news. The rumor of a Brazilian devaluation accounted for a drop of ~80 points in the DOW but before that rumor had surfaced the DOW was already down ~100 points from its morning high. Same with the NAZ. The BKX was and is the weakest link at this point.

Again, 8300 is special to me. If we break 8300, I see the market range-bound between 8000 +/-50 to 87000 +/-50 for the rest of this year.

Clint



To: Jurgen who wrote (18175)10/28/1998 9:41:00 AM
From: Clint E.  Read Replies (1) | Respond to of 68460
 
We opened up in the DOW(+26) so I expect them to reverse it shortly.