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Technology Stocks : INTEL TRADER
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To: Gersh Avery who wrote (10078)7/27/2001 4:48:10 PM
From: Trading Machine  Read Replies (1) of 11051
 
I haven't seen this version and it was sure worth a good belly thumper Gersh. Great!

I can identify with it but occasionally I have to request my yellow and brown pants!! gggggg

Well I saw your analysis, but, but, but, .....

It's funny how two people see different things. For instance the SOX just came up and hit a down trend line and the 60 minute Stochastics are maxed out the RSI is above 66 and above my buy level.

I sold QQQ calls today and went to cash preparing to buy poooots Monday or Tuesday. The reason here is that NDX is banging its head on a short term daily trend line, the 60 minute Sto is at the top, and I have an RSI value of 56 (a close above 50 is a sell signal to me).

OEX has Resistance at 623 and the 60 is at the top.

This just tells me that this is not my entry point. I do miss a lot of trades being unwilling to go into the market with the indicators like this though.

I didn't see Dons analysis on the Friday/Monday thingy if Friday was flat, so I don't know what the probabilites are for an up day on Monday. The "end-of-the-month" rally may very well prevail.

I am kinda twix and tween, it could go on up but.....ggggg
GOOD luck on Monday

Paul Kellam (de wino) (I am vascillating between Merlot and Chardonne right now) gggg
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