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: Chip McVickar who wrote (12867)	1/15/1999 9:20:00 AM
From: robert b furman	Read Replies (2) \| Respond to of 44573

Chip I have tracked 3 day ma on hi/low and adv/decl for a long time. Nyse has gone bearish on both anal. Naz went bearish re. adv/decl for the last three days.These little averages have an uncanny way of getting to zero just before a turn occurs. The only ray of hope to keep this correction alive is the new highs / new lows is still bullish in the naz.To stay positive and keep bull alive the turn MUST be soon. As GZ states all markets are at critical support . This is a good time to risk a little.If we resume up ,purchases made now will be at the right price and not have to be held too long for a nice reward. I' ve been buying this dip with a close eye on bailing if the ice breaks thru.Two of the three stocks I watch turned up yesterady P.M. when the dow plunged pretty hard ( cohu and adex,asyt has been soft like the overall market). Let's hope this wild session on globex is a reflection of big money coming in to buy the dip just right and save the day.If not I'll have some selling to do in the not too distant future. Best of luck on your trades today. Bob