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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?


To: Berney who wrote (6601)8/21/1999 12:15:00 PM
From: MonsieurGonzo  Read Replies (1) | Respond to of 11051
 
TB:" dem ol' Turtle Blues "

I'm not optimistic; the T+2 T/A on SPYNDX is a hammer or hanging man? dilemma. But this UpWave has lifted MRK WMT DUK sectors, and for that we are grateful. I did exit BRK.B around 2090, +80; Buffett's earnings were not encouraging, TB.

RLX.X - Retail Index has an interesting DownTrend Line, Berney - connect the CLOSE on daily chart from doji 23-FEB to: 23-MAR, 19-APR, 26-MAY and 09-AUG. What makes this line so interesting is that it is at the apparent bottom of a DownTrend channel, rather than connecting the tops.

Bellwether WMT has a more symmetric apparent channel - it's right at the apparent top around here, ~47. I'd like to see WMT re-test and experience some support around 42~43 = 200d EMA.

T, I think I'm in denial or something (^_^)

I keep thinking that the company has good strategic F/A; that the stock's long-term sto is telling me to accumulate - but you know, my chart is also telling me to mind the gap 43~44, with an apparent base at ~42.

If the PNX.X - Phleet don't bounce from ~470 here at its 200d EMA, then 445 +/-10 is the apparent near target; and ~410 area the far target :-/

Barron's says: "How did aluminium suddenly become a precious metal ? "

-Steve



To: Berney who wrote (6601)8/22/1999 8:16:00 PM
From: Trading Machine  Read Replies (1) | Respond to of 11051
 
Well TB you can take the FPB off and put MM on!!

Yep, yep, I think we will keep the Mister Mom on you until either 1) Donna comes back or, 2) you quit mowing the grass and start smoking it. ggg

Well all the analysis on CSC tells me that if it makes it above 64 (the 60 minute down trend line) it will then encounter the daily down trend line at about 64 3/16. We may be in the penalty box unless the specialist opens it up at 64 or better. One can only hope!!! ggg

I got a copy of Portfolio Logic off the Internet for a ten day freebie. The way it looks after a first blush, it will take at least that much time to figure out how to enter a transaction. gg It will require some diligence on my part because they use a lot of different terminology. It will give me something to do in my spare time!gg

CU tomorrow TBMM, don't let any grass grow under your feet!!

TM