Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Jerry Olson who wrote (11892)	1/6/1999 12:45:00 PM
From: SE	Respond to of 44573

So is anyone thinking pullback? It looks to me like it should from here 1275, but heck everytime lately I thought it looked like pull-back time the market went up. Why would this time be any different? This is truly amazing.

To: Jerry Olson who wrote (11892)	1/6/1999 12:47:00 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 44573

Jerry iqc.com The upper tine of this OEX chart is about 632-634 for the day Middle tine at about 616-18 Now when markets get to these tines they act as magnets... either repel - absorb and move sideways - bounce through.... I cannot tell you exactly what will happen...but that's your range according to the forks 616 low -- 634 high From what I've noticed [I'm not yet an expert] there has to be some strength to break a tine or the market is attracked back to the tine it just broke through and wanders along iqc.com This chart shows the market broke a the middle tine [very deliberatly] of a more recent fork off the last move up from 1/4...this upper tine is at the same upper area as the larger fork 632-64. Hope this helps Print them out and draw them Chip PLEASE use other information to actually trade Remember I'm just practicing BWDIK