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 : The 56 Point TA; Charts With an Attitude
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Doug R who wrote (10450)1/12/1998 3:54:00 PM
From: ivan solotaroff  Read Replies (2) of 79260
 
PLXS

Doug,

I wish good luck to any who essay PLXS, but I want to be explicit here in pointing out my objections to it:

1) Insufficient incubation; three weeks isn't enough for me
2) The "gap" of the first half-hour this morning MAY or MAY NOT be anomalous (it might even be a late reporting sale--it has nothing to do with the rest of the day's trading action); besides that period, this may not have hit a low lower than 12/21 today. (I don't know, and I ant to post this before closing)
3) it's trading spottily (i.e., one huge plus a few others, with periods of inactivity in between), which is highly suspect to me.
4) It got an analyst upgrade today and has seen no benefit.

In sum, it does not feel like a signal to me. But best of luck to any to whom it does and acts on it.

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

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News