Technical analysis for shorts & longs Message Board

STOCKTALK

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 : Technical analysis for shorts & longs

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Robert Graham who wrote (15107)	1/23/1998 4:20:00 AM
From: Johnny Canuck	Read Replies (2) of 68217

Robert, Don't get discouraged if you don't get an answer right away. Most of us are on pretty tight schedules so we tend to be fairly narrowly focused. With earnings season upon us, it tends to be even more hectic. I remember you from Chris's thread. You do a fairly mean job of TA yourself if I remember right. I don't know how Chris manages to keep up with his thread. Here is a another view of the market with an emphasis on the sector rotation that you refer to. tickertapedigest.com >>Market Environment for Stock Picking >>The number of breakouts TTD is finding is varying >>from day to day. However, currently we are >>impressed by the strong action in the drug sector, >>which we deem as leaders. The housing >>related stocks are doing well. The homebuilders >> and those involved in construction materials look good >>and are pushing to new highs. The mortgage plays are >>working higher too. >>Earnings season is here. So, investors need to be quick >>to make moves in response to changing >>fundamentals. The key will be to watch comments on >>the upcoming quarter of earnings and the >>impact from Asia. In addition, I see many of the breakouts that we had last week stalling or failing right now. Some of the indices are at important support levels. For example the NDX is currently just above the 200 dat SMA Earnings for the most part are not as bad as expected so far, but year over year growth has slowed if not declined. Harry

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next