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 : Waiting for the big Kahuna

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mike Fredericks who wrote (1358)6/25/1997 12:18:00 AM
From: William H Huebl   of 94695
 
Hi Mike,

Two days ago and again today, there was a Bollinger Band Expert Sell Signal recoded by my MetaStock 6.0 package on BAY. An important caveat given by the package is that another important indicator such as OBV or MFI also be in concert with it. The MFI (your MF?) has signalled an important divergence after being overbought above 80, fallen and moved back up.

While no technical signal or signals is/are a guarantee of reversal, direction or other stock performance, chances are quite good (I estimate greater than 85%) that BAY will tank. This is my beep for BAY.

So I am STILL holding BAY puts... waiting for the BEEP. Are you?

Regards and good luck,

Bill
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext