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.
Politics : Idea Of The Day
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: IQBAL LATIF who wrote (32265)7/20/2000 11:56:35 AM
From: IQBAL LATIF  Read Replies (4) of 50167
 
Yesterday Comp and NDX close was typical test of 13 days MA in an upleg, I would not be too much worried about that Comp 20 days ma lies at 4050.8 and we closed yesterday at 4054 with a low of 4047, NDX 13 days MA was at 3853 we closed below it and now are much higher, the action yesterday was typical of running the supports and I will like to consider that of no technical consequence.. IBM looks most likely to move up from here it has tested is most likely going to go and retest the 120 area the reversal is clear..

DOW looks explosive and looks to make new highs as well as SPX, we tested the 13 days MA at 1480 a touch higher at 1481 and now are at 1496 higher than 7/18 high of 1493, for SPX to reverse and close above the high of two days selling from a test 13 days MA support is a great indicator..of markets solid footing going forward.. LU is one good stock to follow and enter below 53.. area or above 58...

AAPL looks good too as well as VERT that looks good above 66, QCOM 61 test is encouraging but it will certainly be amove back above 67 for a fresh new trade..

MSFT INTC earnings have been statisfactory and I would like that Comp takes out 4200 level to make a move that would be broader and more extensive and rather more inclusive..IIX 474 move to 531 and back down to 518 low with a close at 520 all considered is for me a healthy retracement from interim top of 531 to 518, JDSU is a top class technolgy although very dearly prized for what it is now but it can become a momentum stock and move well ahead of itself..
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