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Strategies & Market Trends : Strictly Buy and Sell Set Ups

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To: chowder who wrote (2527)3/1/2005 3:37:10 PM
From: profile_14  Read Replies (1) of 13449
 
I was a day early too covering my OIH puts, but then again, I made a profit. Today I went long CSCO, JNPR, and IBM as they appear to be creating a base over here. They are due for a bounce in my humble opinion for a number of reasons. I have been waiting a long time to buy them and I finally feel like this may not be a bad entry point with the shorter term MACDs turning and crossing from way oversold, and as the stocks fall on falling volume (negative divergence). Also went short some AAPL.

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stockcharts.com[h,a]dacayiay[dc][pc20!d10,1!f][vc60][iut!Ua5,17,9!Ul14]&pref=G

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Best regards,
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