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: Patrick Slevin who wrote (17321)	3/2/1999 8:48:00 PM
From: SE	Read Replies (1) \| Respond to of 44573

Yes, I knew to whom you were referring. Once you think about it, it is clear as a bell. It really is interesting to watch real time formations and try to judge them "before" they are formations. Not quite as simple as it seems in the textbooks, is it?

To: Patrick Slevin who wrote (17321)	3/2/1999 9:12:00 PM
From: coug	Read Replies (1) \| Respond to of 44573

Patrick, I am at this point inclined to think a long turn around tomorrow.. maybe again,after a couple of hours of down to sideways, a kind of test of today's low that maybe won't even reach the low.. We are reaching my oversold area.. that usually holds but can go further of course.. the bounce back late today was quite impressive from this oversold region and usually suggests it will hold for a time anyway.. We will see... Coug

To: Patrick Slevin who wrote (17321)	3/2/1999 10:51:00 PM
From: j g cordes	Read Replies (1) \| Respond to of 44573

Hi Pat, my trading experience sense of it is that we are overdone on the south side enough to try a bounce, especially with some techs, although there hasn't been a full touch of support areas for some including INTC. Yet falls are broken in stages, so a temp move up is there.. question of when. I'm still trend bearish, looking for the channel to eventually break to the downside. Today was odd stuff, negative tick all day with positive trin, bonds holding not signaling higer or lower, transports jumping into the air, banks holding, gold stocks up, energy sinking etc etc... We're on a number of support lines, which will provide a cushion of testing waiting for further numbers. Not a common throw of the dice. Earnings warnings aren't letting good report run, the mode is selling the good news and sqishing the bad under foot.