The Critical Investing Workshop 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.

Non-Tech : The Critical Investing Workshop

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sully- who wrote (8422)	3/21/2000 1:28:00 AM
From: Jim Willie CB	Read Replies (2) of 35685

TA on General Magic (GMGC): ready for a bounce up got a predictable minor bounce off 18day MA at 13-14 unsure that bounce was definitive enough to qualify as first bounce slid down to 30day MA level at 12 it also represents strong former support at 12 old resistance (new support) is also at 12 so I believe 12 will hold money flow is weak, but not pathetic relative strenk is about to encounter middle level 50 that 50 level provided a bounce in late February daily socratic indicator shows horrible closing behavior some might call that an oversold signal only hesitation is whether first downleg bounce off 14 qualifies it looks like the end of the correction to me p.s. I NAILED THIS SUCKER TWO WEEKS AGO WHEN 13 CALLED IT A 17 PEAK, THEN A GREAT SHORT THANK YOU VERY MUCH, MONEY IN THE BANK Tim, did you trade this retracement, or just ride it? / Jim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next