Idea Of The Day 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.

Politics : Idea Of The Day

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: J.T. who wrote (30471)	1/14/2000 4:39:00 PM
From: J. P.	Read Replies (1) of 50167

I was watching the bond reversal also, because I'm looking for an entry point to CitiGroup and Chase Manhattan. I never got my entry point, and yet the yields kept rising, the bank stocks continued to rise also undeterred. The BKX and the bonds are giving us very mixed signals. I won't chase the bank stocks here (today), because the oscillator showed an overbought reading yesterday, and now it is max overbought according to my indicator. C is a good breakout play here, but it needs to drop to fill the gap and relieve the overbought condition. No point in paying inflated volatility premiums on an up day the percentage gains in properly timing an entry point are worth the discipline. Had to be content to enjoy the runup in Microsoft. I look for more upsid

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next