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: bearshark who wrote (15004)5/26/1999 12:11:00 PM
From: donald sew  Read Replies (2) | Respond to of 99985
 
Bearshark,

I agree, I was trying to find the buy-IN for a short-term trade to the upside, but I may have missed it for the QQQ when the NAZ was down
40.

I have stated for many weeks that there should be another short-term top near/after Memorial Day which is fitting in with your analysis.

seeya



To: bearshark who wrote (15004)5/26/1999 12:41:00 PM
From: Giordano Bruno  Read Replies (2) | Respond to of 99985
 
>>>If the DOT stocks cannot gain some equilibrium, we should have the savage one-day move down that I thought was possible.<<<

From CNN...

Kapetanakis attributed the recent downturn in Net stocks more to the weight of margin calls than to interest-rate fears or valuation concerns. Initial selling in various highly leveraged shares forced investors caught short to liquidate, he said, triggering a cycle of additional sell orders that has begun to feed on itself.