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.
Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: BigBull who wrote (42291)4/15/1999 4:57:00 PM
From: Wowzer  Read Replies (1) | Respond to of 95453
 
Bigbull you really crack me up. You didn't earn your name for nothing. Keep up the good work!!

BTW this UFAB is really starting to piss me off. I'm about ready to take this dog out back and put it out of its misery. Anyone want to try to convince me to keep it?

Have a great one,

Rory



To: BigBull who wrote (42291)4/15/1999 5:07:00 PM
From: BigBull  Read Replies (1) | Respond to of 95453
 
Hey Slider, care to paraphrase this one for us poverty stricken peasants.

thestreet.com



To: BigBull who wrote (42291)4/15/1999 5:27:00 PM
From: Gary Burton  Read Replies (1) | Respond to of 95453
 
Current elliott view--Yesterday, I said that OSX could go either way. One alternative was for 60.52 to hold and then OSX rallies above 66.80 print. That would indicate that the retracement from 71.84 was likely complete and that the Second Phase of the Rally from 47ish(Mar1) was now underway....Since today's print high took out 63.92, I think the odds are now very good that 66.80 will be exceeded on Fri. If that happens, this Second Phase of the rally has likely begun and started from yesterday's print low of 61.78 and in my view should ultimately continue rising in a 5 wave sequence to the next resistance test--which is in the 77-80 area. The prior interim peak of 71.84 should be taken out in the process of this Second Phase....Once into the 77-80 area, it will then become an important test. The First Phase rose 24.70pts (47.14 to 71.84). To confirm a true new Bull Market, the Second Phase should exceed the length of the First Phase, meaning that it should power past the 77-80 area to at least 61.78+24.70= 86.48 in the next several weeks....Provided 66.80 print is exceeded, this Second Phase may back and fill for a bit (but not below 61.78) or may keep powering forward with only minor corrections along the way. .......There is a 'small' chanch that the OSX may take out 66.80 and then go down again into the 50's via a "double zigzag" (an ABC down then up a bit then a second ABC down). I'm inclined to doubt that this will happen....My 2c fwiw