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 : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Magnatizer who wrote (26350)	2/11/1999 10:47:00 PM
From: Monty Lenard	Respond to of 79214

Could you draw me a picture?? <g>

To: Magnatizer who wrote (26350)	2/12/1999 4:06:00 PM
From: ivan solotaroff	Read Replies (3) \| Respond to of 79214

HNV David, This is exactly the time I tend to take an HNV position: Recovery from the last failed attempt to breakout, consolidation in the day's high/lows on good, moderate volume. So far it's been the charm. But with this market, it's so-o-o-o-o crazy out there, I can't bring myself to buy anything today. Maybe Presidents Day will calm these whacky traders down, but I doubt it: I was up in NYC yesterday. Every person I've ever known has become a day trader, and most of these people didn't know the difference between a stock and a bond six months ago. Something's got to give: The market ALWAYS cleanses itself of this kind of "exuberance." Maybe that's what's happening right now: "I say, Hubert, they're giving Level 11 and 800 percent credit to any rabble-rouser with $10,000 in his filthy jeans pocket. How're we going to keep this little game going with such scum bollixing it up?" "Simple Allred. Just hit them with a few corr-rr--rective days and they'll turn belly-up in their estuarial cesspools. Let us go on with our high-priced lives already." "Capital idea, Hubert. Just like '29, eh?' "That's the ticket, Allred. And have that cowgirl come in on your way out, will you. Our little friend Willie's gone uncared for this whole tiresome week, y'know." Good weekend.