Point and Figure Charting 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 : Point and Figure Charting

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: james ball who wrote (14096)	2/17/1999 10:54:00 AM
From: papi riqui	Read Replies (2) of 34809

Tom, Someone picked up on this on the CPWR thread on Yahoo; Here's the post: A firm called for shorting CPWR and CTXS based on "technical indicator". I guess they are short sellers but don't have enough resource, so call for a 'conspiracy move'. A mid-day almost 10% drop probably has made some of them happy. That's why it bounced near close. At this point if the longs don't panic to sell, the shorts will have to think about covering. The volume picked up when cpwr bounced back from 58 (>1.3 million traded since then). Nothing's fundamentally wrong in the company. I thought about trying to set them straight with a short take on P&F, but figured, why bother, it'll just confuse em. PR

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next