Market Gems:Stocks w/Strong Earnings and High Tech. Rank 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 : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Connor26 who wrote (119993)	12/21/2000 3:21:25 PM
From: Jenna	Read Replies (2) of 120523

BEAS..you have to differentiate between 2 situations: the BEAS situation and the general market indicators. A stock can trigger a short like BEAS did this morning but you should WAIT UNTIL 9:50 to 10:10. We actually called BEAS LONG this morning at 60 because to get an adequate trigger because you can get a) A gap up above the BUY trigger and than that worthless if the stock moves DOWN by 9:50-10:00. That is why we discuss the intraday and the DAILY chart. b) a trigger short before 10 and THEN the key market indicators trigger a long and move up when the nasdaq and S&P futures trigger a buy signal on their respective charts. You can't be running in the morning in a 'guessestimate' but wait until 9:50 until 10:00. Most of our triggers came today between 9:50 and 10:00 and they were LONG TRIGGERS. The answer is simply not to decide whether a stock is taking out the daily support/resistance at the open at all but wait until 10:00. Now at the end of the session I am now short BEAS so if at the CLOSE it takes out 56 that would be more signficant because it would be a possible gap down open

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next