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 : High Tolerance Plasticity

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Warpfactor who wrote (18513)1/13/2003 10:49:54 PM
From: augieboo  Read Replies (1) of 23153
 
Warp, I agree that a bounce in ESV might be in order, but I think it has some more work to the downside to do first.

home.earthlink.net
home.earthlink.net
home.earthlink.net

Note: My intraday models are lining up fairly well. 120, 60, and 30 are all oversold, but 15 and 5 minute models are bouncing. This tends to be consistent with my feeling that there is a bit more work to the downside before ESV will give a good bounce.

My WAG is that it doesn't have to go to the 21 level, but that one should wait until that bear flag on the 15 minute plays out at a minimum.

On the other hand, my opinion plus about $3 will buy you a latte at SBUX, so take it for what it's worth. ):
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext