Analysis at close on 2/25/98. I've revised the list based on inputs. Let me know if I missed something.
NASDAQ Still in a strong uptrend. Bollinger bands widening as part of next run. Upward volatility is increasing. 5 day stochastics have pulled back from near the top band. Still looks real good for technology and small caps.
AMAT Flat out neutral trend now, but its stayed above the 12 day moving average. 5 day stochastics are hooking upward again from the lower bollinger band. This could easily break to the upside. I predict an upward break. Volatility is due to start increasing and the big move is coming, just not yet. Safest to just wait for the break and jump on board for the ride.
AMD Stronger uptrend, but 5 day stochastics are getting closer to peaking, but not yet. Soon to be followed by consolidation and profit taking. Volatility is peaking. Probably a good time to take short term profits in next few days.
AMZN Still on slight uptrend. 5 day stochastics starting to deteriorate. Time to take profits for the next dip or just hold it and ride the uptrend.
AOL 5 day stochastics peaked and hooked downward. Solid uptrend. Profit taking and consolidation taking hold with the trend remaining intact. Volatility is decreasing. Take profits and buy on the next dip.
ASND 5 day stochastics are peaking and hooking downwared. Uptrend still in play. Volatility is starting to increase to the upside. Narrow bollinger bands. Probably should just hold through the consolidation period unless you are day trading. Just ride the trend up.
AVM Broke upwards towards the upper bollinger band on a downtrend. Good short play when you see the 5 day stochastics hook downward. Volatility is neutral to slightly down.
AVNT Direction changed rapidly on narrow bands. Going to consolidate for a few days. Volatility is peaking. If you shorted it short term, take profits over next few days.
BBIOY Expected to consolidate for several weeks. Dead money for now.
BMY--The trend is slightly down. 5 day stochastics are quite high but not showing the hook yet. This is developing into a real good short play. Look for the hook. Volatility is likely to increase.
CADE--Looks like it might be time to buy back in. 5 day stochastics hooking upward. Slight uptrend. Volatility is decreasing, but should be enough time for a quick play to the upside.
CBIZ Broke down today. The trend is neutral. Watch the trend carefully. Volatility is still decreasing but looks like its almost over. Buy a hook in 5 day stochastics or buy at the lower bollinger band on price.
CDRD Downward volatility is increasing. The trend is neutral on price. Look for a hook upward in the 5 day stochastics and make sure the trend is at least neutral. If it slips into a downtrend, don't go long. Look for a short opportunity. Those wanting to take more risk can try buying at the bottom bollinger band on price.
CEXP Slight uptrend. Long term trend is way down--so makes me nervous for long positions. 5 Day stochastics moving up higher but not peaking yet. Volatility is neutral--just staying about the same. Broke upward somewhat. Low volatility is keeping this thing down.
CDRD Broke down today after 5 day stochastics crossed the middle band yesterday. The trend is going neutral. Probably a good idea to exit long positions on the next 5 day stochastic peak.
CFON Another longer term downtrend to make it a risky long. Good short over $5. Closed a little below that. The trend is nicely down. Volatility is decreasing. Short over $5.
CIEN Those wanting to take on some more risk can try to catch a quick bounce on the high volatility that appears to be peaked. Good time to write puts IMO. Severe downtrend now, 5 day stochastics below 20 showing a slight upward hook. This will be a fantastic short the next time I see the 5 day stochastics peaked. Volatility will be high and we'll have the downward directed PEGGED.
CKFR Still not looking good.Go with the trend which is now solidly down. Do a quick short based on the recent peak in 5 day stochastics. Volatility is increasing a bit to the downside. Moving average on 5 day stochastics are down too.
CLST Nice uptrend and the 5 day stochastics are hooking upward. Looks like an upward breakout about to happen.Volatility is low right now on fully narrowed bollinger bands. Looks like a good buy here.
COMS Jumped up yesterday but didn't get a positive trend going yet from the previous neutral trend. 5 day stochastics getting higher but their not peaked yet. One more up day and I'd go long.
CORR 5 day stochastics hooking down on uptrend. Probably should just hold it through consolidation period. Volatility is increasing as the price goes up--helping the profits along on the long side.
CPQ Trend is starting to look sick here. Bollinger bands fully narrowed now. Volatility is increasing to the downside. 5 day stochastics are peaked and heading lower. Moving average on 5 day stochastics is down--also limited upside gain potential. It could bottom quickly so I wouldn't short it.
CTXS Showing a bounce on the uptrend. Its entering my short radar scope on the next hook downward in stochastics. Volatility appears to be peaked, so play it between the bands.
CYMI Shot upwards but the trend is still neutral to down. Volatility is increasing, most likely to the upside. Moving average of 5 day stochastics hooked upwards. No play to see what the trend does.
CYBR Volatility increasing. I don't think its a reversal or prolonged move to the upside. 5 day stochastics hooking downward. I think its increasing the volatility for a solid downward move. Look at the last drop. Price broke to the upside before going down substantially. Don't be fooled. The long term downtrend will keep this one down.
CYPB Ready to break upwards. Volatility set to increase. 5 day stochastics showing a hook to the upside from the oversold level.
DELL Profit taking is occuring here. Trend still strongly up. 5 day stochastics peaked and hooking. Hard to see because the bands are so narrowly drawn around the 5 day stochastics--because of the really strong uptrend. Price is going to consolidate and volatility is decreasing. Take profits or write covered calls.
DWRX Negative divergence between price and peaks on 5 day stochastics. The peaks have been getting lower as the price has been going up. The trend is losing gas, even though its still intact. Time to find an advantageous exit.. 5 day stochastics sitting on its lower band. Looks like a move up maybe. Take probits on next stochastics peak.
EFII Trend on price has gone neutral. Trend on 5 day stochastics holding this thing down. 5 day stochastics quickly got tired. Wait for break to buy or short. Still think the bias is to the upside.
GERN 5 day stochastic crossed below the 20 level. Still looking for a bottom here. Neutral trend and narrow bollinger bands make it a riskier play. Best way to play is to short at $13 1/2 and cover at $12 repeatedly. Revising buy level to the lower band which now stands at $11 7/8 its there now. Time to safely cover shorts.
HRSH Don't like buying drops like this. Trend is solidly down. Dead money until I see an uptrend or a peak to short into.
IIT Looks like a top to me. Look to take profits on long positions whne the 5 day stochastics breakdown. Look for short entry when you see the downward hook. On a slightdowntrend.
IOM Downtrend picking up again. Volatility is increasing day to day. Could be a real good short on the next runup. Gotta stay above $5. 5 day stochastics below 20 still. I'd probably cover and move onto another sure thing. Might want to try a riskier quick short with a tight stop just over $9.
IRIDF Volatility is increasing. A must to make $$$$. That uptrend is turning into a downtrend. 5 day stochastics hooked downward. That downward break bias I was looking for has occurred. Looks like an outstanding quick short, but I'm thinking longer than that is likely.
JLG Disappointed today by losing 0.50. The uptrend is neutral now. 5 day stochastics dropped today. Volatility is decreasing. Rexamine in a day or two to decide what its going to do.
LCCI Uptrend is intact. Volatility is decreasing. 5 day stochastics showing nice downward hook. I think the next upmove will be a limited price move ($15) because of the decreasing volatility.
LSI Volatility is increasing substatnially. Slight downtrend now for shorting. Moving average on 5 day stochastics is down. 12 day moving average is down and volatility is increasing. 5 day stochastics are at about the 30 level. Taking into account the steep downtrend on the 5 day stochastic moving average tells me this is a good quick short.
LTBG 5 day stochastics are at its upper band. Strong Downtrend. But Volatility is decreasing rapidly. Not much money to be made. No play-or write puts for downward strike of $12.50 or upward strike of $15 (riskier).
LTXX Now its below $5.00. Hope everybody shorted it. Downward volatility is increasing. Looks like its setting up for a nice short--. Don't like long term downtrend for any long positions. Stochastics have hooked upwared--but don't be suckered into buying into this hook. Seeya at about $4.50.
MEDA uptrend undergoing profit taking and consolidation. Looks like this one has potential to slip into a downtrend. Watch for a potential short for now. Its done it before.
MIND Stochastics at 20 and price at the lower bollinger band. Downtrend has developed. Look for peak in stochastics w/hook to short into. Volatility is still increasing. More downside potential.
MUEI Volatility due to increase. Slightly down today. Strong uptrend remained intact. Showing a strong downward hook now. Too risky to play further. Downward bias.
NORT downtrend and can't short it ($1.50 stock). Stochastics are less than the 12 day moving average which is bearish.
NSCP uptrend remains intact. 5 day stochastics under 20. Can start to see the beginning of the upward hook. Volatility is due to start increasing, TO THE UPSIDE. Limited price potential because of the downtrend on the 5 day stochastic moving average. Seeya at about $24 to $25 again for a nice double top.
ORCL Volatility due to increase--but its not happening yet. Uptrend now neutral and narrow bollinger bands. 5 day stochastics at the lower band and under 20. Showing a hook now. Limited upside due to downtrend on 5 day stochastic moving average. Another double top forming?
OXHP uptrend up. Nice upward hook on stochastics. Decreasing volatility. No play.
PNDA slight downtrend--no play. Under $5 now--can't short it anymore. 5 day stochastics hooking downward.
PRMS--Volatility still increasing. Broke downwards. Slight downtrend and and narrow bollinger bands. I'd strongly consider shorting it still. Volatility is increasing to the dowside. Real good short play to jump on. No hook on 5 day stochastics to cover the short on yet.
PSIX Slight uptrend. Short on next peak in stochastics or at the upper bollinger bandt. Trend is neutralizing before going down. I think its a quick buy here. Sell it at $9 and short shares at that time also. 5 day sotchastics hooking upward.
QWST Volatility is peaked now. Downtrend--short now or next stochastics peak.
RIG Volatility is still decreasing but due to increase. Neutral trend and too unpredictable to play. Downward bias.
SCTC Volatility ready to start increasing REAL soon. Narrowist bands now. The trend is dead nuts neutral--so no help there. High 5 day stochastics hook about to cross the middle band and downward trend on the 5 day stochastics gives it a downward break bias.
SHVA Volatility is decreasing. On an uptrend but consolidating for next move.
SMOD Dropped badly on news. The trend is now neutral. Volatility is increasing. 5 day stochastics at the lower band. Downward slope on the 5 day stochastic moving average. Now I don't think its going to bounce back. Bottom at $25?
SOCR Volatility continues to decrease. slight downtrend and near a peak. Waiting for a break after more basing.
SUNW Volatility is decreasing. Looks like a short now. Worried about the profit potential because of the decreasing volatility. The trend is DOWN now. The trend on the 5 day stochastic moving average is down as well. Lower volatility may decrease profits on the short. May bottom after a drop of only a few dollars.
SYNT on a strong uptrend but momentum is losing steam. Second stochastic peak lower than the first. Volatility is still increasing. Probably one more good 5 day stochastic peak left in this run--then take profits. May still want to try a quick buy.
TDFX Downward volatility is increasing. The trend is down. Trend on 5 day stochastic moving average is down. Do a quick short.
TMX Downward volatility is increasing. On a slight downtrend. 5 day stochastics hooking downward from the middle band. Quick short.
TRBO Volatility is decreasing. Neutral trend/slight uptrend.Not enough profit potential. Downtrend on 5 day stochastic moving average too to keep price moves down. 5 day stochastic is hooking down again too.
TSSW Looking for a hook to buy into. Uptrend is intact. Volatility is starting to decrease.
VECO Volatility is increasing. Good uptrend. Hook in 5 day stochastics today to buy into. Downtrend on 5 day stochastic moving average. Unknown profit potential. $40 maybe on next run or just under.
WCII Continued consolidation. Looks like uptrend is getting weary. Decreasing 5 day stochastic peaks--Working on the third one. Take profits on next runup. Looks like volatility is due to increase to the upside--take profits on that next run.
WTT Up another $1. Momentum hasn't shown slowdown yet. Look for the hook before gettin off of this hot train. Try a quick buy with a stop at the last day's daily low. |