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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: JB2 who wrote (1797)7/12/1999 7:00:00 PM
From: Raymond Duray  Respond to of 18137
 
Re: Barcharts.com

Hi JB,

The one that seems perkulier is MCOM, before and during the spike the call remained exactly the same 92% of ratings for a 'buy'. Now that it has sold off so dramatically, the indicators are down to 77% buy.

Seems to be too much driving with the rear view mirror for a fast market. Perhaps the metrics are more applicable to a supertanker like GM or GE than to a rocketship like JNPR or RBAK.

I like it less today than I did a week ago. Although I still keep it in the 'tool' kit.

Ciao, Ray