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.

Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (24009)	3/4/1999 8:50:00 AM
From: Jerry Olson	Read Replies (1) \| Respond to of 50167

Ike it looks like 1 P*F short term indicator is going to reverse UP today, the Hi/low index... this will create a short term rally...i would think we will hit all index resistance points on the way up, and then exhaust this rally for the march downward again... but the rally is tradable...but short term... all indexs are below or some on support.... rates are still rising hard, we should get a BIG number tomr. that will have a knee jerk reaction down...but could be tradable there... Techs and Internets should lead this...but this is not the end of this correction imo..i still see 8650ish after this next runnup...we will NOT make new highs... your thoughts on resisitance levels??? example the SOX, my TOP retrace number would be about 390...50% of the recent low pole on P&F....