Z Best Place to Talk Stocks 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 : Z Best Place to Talk Stocks

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Susan Saline who wrote (20948)	10/7/1999 6:14:00 PM
From: Steeliejim	Read Replies (2) of 53068

Aw shucks. We have something else in common. Nite. My TA is more qualitative than quantitative (although I have some ideas on how to add additional quantifiable parameters to TA based on engineering analysis). I have spent my whole career as an engineer plotting dynamic data and trying to make sense out of those wiggles. As I mentioned on the PPRO board I've made $$$ off NITE on the way up and down. I'm not quite ready to agree re. a breakout on technicals. While the oscillatory amplitudes are tightening, it sure hasn't moved much off its low yet. Not so long ago it recovered back to 40 briefly then immediately fell all the way back to the low. I will agree that the 28 floor seems to be pretty solid, but methinks that a big move up, if it occurs will be more on fundies than technicals. The following is what I think will actually move NITE bigtime: 1) Most of the insider shares from lockup expiration have gotten back into circulation (Now, that would be a good piece of info to know). 2) NASDAQ volume and volatility is shown to be actually increasing (this week is a good start) and projected to be increasing again into the new year (a fair amount of sentiment now that Y2k is already discounted for and is going to be largely a non-event). 3) The market finally has a better understanding of how NITE is going to fit into the looming online trading free-for-all and will have a strong role. So for now I'm back to watching and ST plays. Assuming good answers for longs on the above, I would expect EGRP to also benefit greatly, because it can take advantage of any MM. Its volume is WAAAY up the past few days and its been really hammered. OTOH it is facing more competition as the traditional brokers wake up to online. However, as in EBAY so far and would-be competition, EGRP is looking like a brand name. Further, like BBN so far--a co. I like to shop at on- and offline since I like the stores--the traditional brokers are going to have a devil of a time figuring out whether they are fish or fowl. Any thoughts on ZDZ and TSCM? Both well off their highs and have been basing. TSCM made a move today. How about PPRO and NSIL? I'm still in both cos. Primarily as a position for coming out of quiet period, but also for the fact that they seem like real cos with real products and sales. All for now. My PRSW is really stinky. Not the slightest sign of life.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next