MDA - Market Direction Analysis Message Board

STOCKTALK

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

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: KM who wrote (16614)	6/9/1999 10:02:00 PM
From: HairBall	Read Replies (2) of 99985

KM: The sellers seemed a bit frenzied there, don't you think Yes... DELL - I stopped watching it today. My technical read using my longer-term intraday timing models suggest Dell is moving up from hear at least short-term. A lot of selling was being absorbed today. You may well profit from your short play, based on my shorter-term intraday timing models. But I would look to close the position early once it/if drops below 34.5. Basically, I am not comfortable with my read...the action was just to “ify” for me to play it. ...Sew is expecting a down day tomorrow. SUNW is definitely in a bullish triangle and very close to a break out. It closed just below the upper descending trend line. And, it was walked up in a rising trading channel that could be viewed as short-term even intraday bearish. So, I would wait for the break above before placing the bet. There is still the possibility for some pullback before she goes up and over. Remember Sew's expectations for tomorrow. Regards, LG

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next