RtS, All.
I get this as a regular e-mail.
Intel looks interesting. After opening the Intel chart below, does anyone else see what I (think I)see, a relationship between the price and the ATR (15) ? To me, while the price is raising, the ATR moves up and down with the valley and mountains moving across it's own centerline Sept 01 -Dec 01. But the ART after 2002 looks like the mountains and valleys leaning backwards (somewhat). BWDIK
Stan
Setups -- Posted by winchell on 11:19 PM Sunday, April 28 2002
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Bed Bath and Beyond (BBBY) This one is hitting ALL TIME HIGHS. Not bad.
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Intel (INTC) Semis have turned... mentioned MU and ALTR as specifically weak in late March. Maybe they turn up again eventually but right now it's just selling and dead bounces.
kinetictrader.com
Applebee's (APPB) No recession here!!
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Gold Fields Limited (GOLD) Up 25% since the April 1st email.
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Harmony Gold and Mining (HGMCY) Another unhedged miner.
kinetictrader.com
Carnival Cruise Lines (CCL) Third test of 32s in two years. Watching for short term trade on breakout, especially if it's up.
kinetictrader.com
Gold -- Posted by winchell on 1:02 PM Friday, April 26 2002
June contract (GCM2) just ticked to 310.50, high of day is 311. These are 2-year highs.
Gold -- Posted by winchell on 11:53 PM Thursday, April 25 2002
The gold trade set up on the 22nd was triggered today at 308.50 (Thursday 26th) as nearest futures hit a 2-year high of 309.8 intraday. Stop needs to be 300, or whatever the initial max % loss will allow. At 300 an 308.50 entry would lose $850, or just under 2% of a $50,000 account.
winchell |
