Silicon Investor (SI) -- The First Internet Community

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.

Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?

To: Vitalsigns who wrote (21848)	9/27/1999 6:13:00 PM
From: Cameron	Read Replies (1) \| Respond to of 62347

Nano fever... well the little guys say that we hit a bottom and bounced off of it "quite strongly". Potential TSE 300 upside of 7200-7250 (about 7%). Recovery duration of at least 5 days. Each day that they continue to under project now signifies a more sustained, but also more gradual increase to that target. The actuals and projections will start to line up better as the upswing progresses. A crossover and then strong overshoot on the upside (150-200 points) would be the sell signal although that would lag the actual peak by one day. (Similar to what we've seen on the downside the last couple days). The nano forecast for tomorrow is 6860 so unless there is a minor correction, they should be under projecting tomorrow, which as I said is fine because it implies a more sustained recovery. If they are back on the trend by Wed. the nanos say that the recovery will probably peak in about 7 days. If they continue to under project for 5 or 6 days, then they say the recovery may take up to 20 days to peak (although with some minor ups and downs along the way). Of course, this is all just what the nanos say... this will be their first test at predicting a recovery of any sort in real time. They did pretty well projecting the index on the downswing (5 for 6 - nanos 2:brains 0<ggg>) but only time will tell if they go both ways, so to speak!!! Of course, if you include todays upswing I think the nanos are actually at 3 vs. brains 0. In terms of individual stocks... ATY... which the nanos continue to say is oversold.... well..... I'm just waiting!!! (Theoretically the ATY is no longer a DT after today... humph.... but it is still part of the nano chronicles). By the time the Chief or I have to eat the crow, it is going to be pretty well done I think - LOL. Other that ATY, they did OK today. They said IMO would be up $.70 to $30.30 and it closed at $30.35. MCF they said would go up $.50 to $6.65. It closed at $6.30 but touched $6.40 and the MCF nanos in particular tend to forecast ahead of themselves (I know that sounds stupid but they sure did it on the downswing - just ask Vital<ggg> )... in any event, they had the direction right today and as long as it hits $6.65 in the next couple days they'll get their biscuit (of course not before)!! In any event, I'm sitting on everything overnight and may sit tight on a fair chunk of it for a few days if it appears that a sustained recovery is in fact developing. I wouldn't say that I'm trading on the basis of the nanos but I don't want to rule them out either.... everyone who has done that in the past week lost - ROTFLMAO!!!!

To: Vitalsigns who wrote (21848)	9/28/1999 8:09:00 AM
From: Buckey	Read Replies (1) \| Respond to of 62347

I am looking for business articles etc. The topic I am looking for is valuation models for the internet high tech sector. I do have some fromal training and experience in fundamental analysis but that was largely with share price valuations on publically traded companies and in particular those that were in the retail sector. In other words they were already making money etc. I have well documented my shortsightedness of the market with premature sells on such stocks at BII at 3.47 and MCF at 1.27. Any help would be appreciated - This is for non investing purposes