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: Chip McVickar who wrote (21152)	4/15/1999 11:35:00 AM
From: SE	Read Replies (1) \| Respond to of 44573

Nope. Add about 9 today for the PREM. Low today 1324.75 Mini. -Scott

To: Chip McVickar who wrote (21152)	4/15/1999 11:59:00 AM
From: SE	Read Replies (1) \| Respond to of 44573

If this is a strong market, the SPOOs might hold here. They just bounced off the FIB line of the middle tine that is at 1305. If SPOOS bounce and hold that line, then this market has a lot more upside to go. If they don't hold, the upside in the future might be more limited. Not sure which way they are going to go. We are down a bunch from the highs in a hurry, so a bounce would appear to be in order anytime, but the market overall, except the DOW, seems weak. This will be interesting. 1330 SPOO should be a resistance point now. I suspect another test of the lows. If they hold second time around, it probably is going up. If they fail, we still have lower to go.....