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 : Waiting for the big Kahuna

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: cowboyfan who wrote (1234)6/21/1997 7:34:00 PM
From: William H Huebl   of 94695
 
Hi Cowboyfan,

(Then next sound you will hear is the sound of Bill beating a dead horse)

Let's start with the BAD NEWS first to get it out of the way...

- tentative MACD is up;
- MFI is up;
- sinewave cycle is bottoming;
- short term up;

THE GOOD NEWS LIST...

- my major MACD indicator is STILL down;
- relative strength compared to DOW etc is falling;
- a REALLY long term momentum indicator I keep is falling and diverges with the move up in BAY... important but not decisive in an of itself;
- we have had numerous sell signals (but the stock has moved up in the face of them... a concern but not fatal);
- BAY intersected it's upper projection band which generally means it should go back down to the lower one... which is at 22 at this time;
- A Revlative Volatility sine wave signal I keep is showing a precipitous sell-off coming... if it can be believed;
- a linear regression indicator I keep is negative;
- and finally, really weird cosine wave I discovered says BAY is bearish...

So that's my case for staying in... albeit nervously...

(Gad I love that word "albeit.")

Regards,

Bill
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext