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 : Classic TA Workplace

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jack of All Trades who wrote (120893)6/22/2005 9:38:40 PM
From: skinowski  Read Replies (1) of 209892
 
DD - Interesting idea about a straddle. A 3 month consolidation on the daily, ADX is in the crapper, BB's are as tight as can be. OBV is somewhat bearish stochs pointing down...

But, otoh, check the same chart on the weekly, and you'll see that BB's are pretty wide, ADX neutral, stochs trying to turn up. But also, importantly, this stock "loves" to sit in a tight range... has been doing it for years. Don't know, JAOT, maybe you're better off *selling* that straddle... -g.

stockcharts.com[r,a]whcayiay[pb20!b50!b200!c20!d20,2!f][vc60][iLb14!La12,26,9!Lg!Li10,10!Lh5,5!Lp14,3,3!Ll14]&pref=G
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext