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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: mattie who wrote (22983)8/20/1999 12:00:00 PM
From: tech fool  Read Replies (1) | Respond to of 69831
 
High-low index is a 10-day ma of NYSE daily highs divided by daily lows. This indicator and two others (percent of 10 = % of NYSE above 10-d ma; and OTCBP = % buy signals on OTC stocks) typically lead changes in the NYSEBP.

At this point, all these indicators except the high-low are on sell.



To: mattie who wrote (22983)8/20/1999 12:10:00 PM
From: Iris Shih  Respond to of 69831
 
Mattie,

I watched qcom breakout but insider selling made me hesitated to make the entry. On ther other hand, if the insider selling news couldn't pull down Q, what will?
For trading, some support around 160 and resistance around 174.5
For investing, I don't have the vision.
Maybe we should ask Harry for his opinion.

PS I bought 50 shares of brcd for investment yesterday around 165. Plann to double down every ten point. Sh...don't let Clint know.

Thought if for investing, we should nibble a little bit what we like each time and just tuck them away for the long haul. Brcd is my new experiment. Will see how it pan out.

Look what we have missed on brcm and Q!

Iris