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: SE who wrote (14489)	2/2/1999 11:47:00 AM
From: Jerry Olson	Respond to of 44573

Hi SE well if anything i'll be buying this short dip later today or tomr, right before 2:15 after AG does a no change...thinking we will rally for the next few days after some breathing room... my current reads are as follows... SPX- a 3 box reversal down would be 1265, with good support at 1250...at 1230 that would be a higher low, after 2 other higher lows..bullish... OEX--17 X's straight UP...whew!!!...from 600 the bottom 608 616 all good supports..616 is better relates to 1250ish... DJIA---hit 9400 twice failed to penetrate...a 3 box reversal would be 9250...solid support 9100---9000 a double bottom sell signal..don't think we'll see it... now here's whats setting up in my mind...on the DJIA...if we hit 9000 and then reverse up 3 boxes, this would be a Bullish Shakeout pattern, with very powerful moves from there...i'm not sure about that happening but i'll be watching this action for sure...