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Sox ready to rumble - again?!
#1
Posted 20 January 2003 - 12:24 PM
Hard to believe after getting spanked so hard that the SOX is very likely to get brutalized yet again on this next leg down
see fourth chart here:
http://www.gannellio...=article&sid=42
My stock trading software has suddenly issued a huge rash of sell signals on the semis so I tend to believe in this count.
see fourth chart here:
http://www.gannellio...=article&sid=42
My stock trading software has suddenly issued a huge rash of sell signals on the semis so I tend to believe in this count.
#5
Posted 20 January 2003 - 01:08 PM
Bullish descending wedge in its infancy?
...A declining spenglerian carnival of Colossaalism united with Inflation where the numbers one through 10 are forever banished as worthless arithmetical detritus from a bygone age... - Beardrech
Naturally we believe the govt numbers... and Boobus Americanus sleepwalks off the edge of the energy-crisis cliff clutching his shares of "Crisco", Yoohoo and GooGah munching on his Yum Yums and Ho Hos. Future historians will have a hell of a time figuring out what the hell Americanus neanderthalus was thinking and exactly what brought on his sudden demise... - Henny Penny
Well, good night everyone. I gotta go lube up for tomorrow's regular end-of-week Gold Slapdown and Stock Index Bear Punishment Rally Weekend Greenprint. ...Probably another Shock-and-Awe Gap-Up-Open and Wire-to-Wire Meltup Runaway Bull Charge Mo-Mo Spike to Fresh New All-Time Lifetime Highs, culminating in a 4:15 yelping scalded dog runoff with panic short-covering and legal not-held bad double fills due to fast market conditions, plus quote system freeze-ups and trading platform lock-outs along the way. *yawn* typical gov't Friday. - Shorty
Naturally we believe the govt numbers... and Boobus Americanus sleepwalks off the edge of the energy-crisis cliff clutching his shares of "Crisco", Yoohoo and GooGah munching on his Yum Yums and Ho Hos. Future historians will have a hell of a time figuring out what the hell Americanus neanderthalus was thinking and exactly what brought on his sudden demise... - Henny Penny
Well, good night everyone. I gotta go lube up for tomorrow's regular end-of-week Gold Slapdown and Stock Index Bear Punishment Rally Weekend Greenprint. ...Probably another Shock-and-Awe Gap-Up-Open and Wire-to-Wire Meltup Runaway Bull Charge Mo-Mo Spike to Fresh New All-Time Lifetime Highs, culminating in a 4:15 yelping scalded dog runoff with panic short-covering and legal not-held bad double fills due to fast market conditions, plus quote system freeze-ups and trading platform lock-outs along the way. *yawn* typical gov't Friday. - Shorty
#6
Posted 20 January 2003 - 01:14 PM
PileDriver, on Jan 20 2003, 11:49 AM, said:
pretty safe option play
SMHQY
SMHQE
on a retrace rally this week.
SMHQY
SMHQE
on a retrace rally this week.
these are both puts, so you meant at the top to get in right?
usually when giving options, instead of using the real order which is great but then you have to find it.
i use the name month strike price (put/call)
these are smh may 25 put and smh may 27.5 put
much easier to find and order.
#8
Posted 20 January 2003 - 02:39 PM
This should be a nice short play....retest of lows is the next move. Hurst charts show the 12 month cycle in an up phase, probably mitigating a brutal decline.....this time around...
"I know the human being and fish can coexist peacefully"____George W. Bush, 7/29/2000
#9
Posted 20 January 2003 - 02:45 PM
It's good to see the BTK also waiting to collapse....in tandem with SOX; they usually act in a rotational dance; this will just be a dance right down the sewer.....where they belong.
"I know the human being and fish can coexist peacefully"____George W. Bush, 7/29/2000
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