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 : MDA - Market Direction Analysis
SPY 659.00+1.0%Nov 21 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: pater tenebrarum who wrote (12390)4/29/1999 11:47:00 AM
From: StockOperator  Read Replies (2) of 99985
 
heinz,

Stocks like IP and CAT look like beautiful shorts from where I'm looking at them. Their ascents look unsustainable. IP alone in one month has moved about six dollars higher than it's upward resistance line that dates back to 87. It hit almost 60 and could have very easily stopped out at 53. Plus the fact that it did that in a few weeks tells me the short side should be the way to play it here very soon.

Regards,

SO
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