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 : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: donald sew who wrote (10590)4/11/1999 9:51:00 PM
From: bobby beara  Read Replies (2) | Respond to of 99985
 
Donald, I was looking at the XCI chart which is the instigator of this foobar and it has a very similar pattern to last july thru august period, made a high on july, then had a correction pattern into August that looked like and inverted H&S pattern, gave the bulls some hope, but made a lower high and reversed down into the 8/31 lows.

just replace the july and august tops, with the feb and april tops.

repeat?

Dow is making a higher high, the xci has not?



To: donald sew who wrote (10590)4/11/1999 10:54:00 PM
From: Mark Glembocki  Read Replies (3) | Respond to of 99985
 
Need Some help !!! Went short 1500 SPY on Friday.... Looking for some opinions please.... Cover early Mon with a modest gain or hold out for a possible blow up !!! I usually cover to early but don't want to miss an opportunity !

Thanks in advance,
Mark