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.
Non-Tech : Amati investors
AMTX 2.095+19.0%Nov 7 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: pat mudge who wrote (29587)12/3/1997 8:58:00 PM
From: Galirayo  Read Replies (2) of 31386
 
[ SSPIF TA ] Hi, Pat.

>> Any thoughts on SSPIF today? <<

I have todays data now and I don't really have 'many' thoughts but here's what I'm thinking.

You've heard me mention an 8to10 New Price Low? Well there is also an 8to10 New Price High it's pretty Rare. If SSPIF is working on that pattern it's on day 6 now. Could be 2 or more up days to go. Sometimes the uptrend stops after day 6.

The 100DMA and the 89DMA are both near the Low today near 6.68 so this should be an area of support. The 50 is near 6.56 ... more support.

It's bound to consolidate .... sometime though.

But it doesn't loook like it yet.

BTW: CREAF (PE in the 8's) is showing an 8to10 New Price Low on day 9 today. I think it may have found some support this afternoon. It would be more safe on day 11 .... or after it shows a Reversal Candle but I'm thinking it may not go lower than the Low today (or even to the 20.00 mark). But's it's tough to guess for sure today .. still showing a Black Candle. But I think the Blue Light Special was today.

Where is that John Morrison anyway?

Happy Holidays,

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