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 : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: kendall harmon who wrote (68956)11/1/1999 1:48:00 PM
From: Jenna  Read Replies (3) of 120523
 
SDLI, covered for 5 will hit a technical buy trigger once again as it retraces back to the 118 point (20 period moving average) if it doesn't succeed to break it around 120, I will short it again if its the last hour of trading and it pulls back to the low of today's range. If it does not I'll put in a buy stop at 120. I feel that retracing to previous highs is what the strong stock do rather than 'automatically short at a bounce off the 20 period MA'. The potential for gain in strong stocks with good earnings will result in buying pressure and resultant higher prices. That will supercede any real gain you can make by shorting them.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News