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 : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Patrick Slevin who wrote (10880)12/22/1998 11:37:00 AM
From: SE  Read Replies (1) | Respond to of 44573
 
Patrick,

I have a feeling that today's action will be contained by the 50 and 200 on the 5 minute bars. We bounced nicely at the 200 a bit ago and now are up against the 50. After yesterday's action, I don't see any spectacular moves today, unless it is down. Of course, AG might just put a damper on thought with a 1/2 point cut, but somehow I don't think so. Just a thought....

-Scott



To: Patrick Slevin who wrote (10880)12/22/1998 11:38:00 AM
From: Jerry Olson  Read Replies (1) | Respond to of 44573
 
Pat

i was thinking<g>...

AG probably won't cut today..which could have a knee jerk reaction to the downside..

BUT---it would seem to me that the street, after it thinks about the NO CUT...is actually OK!!! it means he's not as worried about the credit crisis & World Wide Recession prospects...

all in all, this is a no lose situation IMO....


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