LastShadow's Position Trading 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 : LastShadow's Position Trading

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: HandsOn who wrote (1518)	10/21/1998 11:10:00 PM
From: LastShadow	Read Replies (4) of 43080

Longs and Shorts The major indices point to an uptrend, but there are a lot of stocks about to, ow which already have reversed. When I was clicking though all my charts tonight all of the intraday ranges seemed a little tight, so I spent some time looking for some potential longs and shorts. Basically, the strongest longs signals from stocks I haven't paid much attention to were from DIS and JLG. I downloaded NETA data and ran the net on it to see where it was going (just for you AT), and it looks really good. When it went above 35 on Tuesday, it broke the long downtrend going on since Mid July, o that makes it technically very strong right now. BTH also still looks good for a short term hold. The Potential Shorts was a much longer list, with the following already in reversal: MCD - 65.250 SCH - 42.250 PEG - 38.125 All three could easily drop 3-5 points before Friday close based on history. If you are in these, I recommend exiting. Other short candidates were: IMNT - 22.75 LCOS - 31.75 MU - 34 NOVL - 13 OSSI - 32.5 VTSS KO HD GM F Set a stop if you are holding these. lastshadow

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next