SI
SI
discoversearch

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 : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: dennis michael patterson who wrote (20036)3/21/1999 10:54:00 PM
From: Jan Robert Wolansky  Read Replies (2) | Respond to of 42787
 
Could someone pls post the web site for Globex? My system crashed today, and I lost the link.



To: dennis michael patterson who wrote (20036)3/22/1999 11:10:00 AM
From: Robert Graham  Read Replies (1) | Respond to of 42787
 
Looks like the market has a negative bias. Attempts at upside breakout unsuccessful. Perhaps we will see different during afternoon session. But I want to note that this is not the continuation day I would expect just after a reversal day. Confidence obviously has been shaken because of last Friday's apparent reversal. But I am not convinced the trend has changed...yet.

Can someone who has been watching the market much more closely on an individual stock basis comment here?

Update here to note that there has been an attempt at a breakout on the DJIA. This has established an uptrend on the intraday charts. Intraday support forming at the point of breakout. Breakout also confirmed on the S&P 500 chart. NASDAQ in an uptrend too.

Interesting to see that for the type of days where nothing happens except for a short move to a trading range, 11:00 AM is an important time. What starts here can continue into the afternoon session. Here we have the market move down to break through key pivot points to just not follow through. Then a reversal came. I have seen this happen, but I think much of the time the pullback and reversal came within the first hour of trading.

Bob Graham