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


To: xcr600 who wrote (23820)9/28/1999 9:18:00 PM
From: d. alexander  Respond to of 68396
 
Good questions. Anyone have any ideas?
Mattie made a terrific call on AGIL. Doc is doing well on EXTR. The SPX broke its neck......line, if that's what it was :-) d.



To: xcr600 who wrote (23820)9/28/1999 9:18:00 PM
From: shasta23  Read Replies (2) | Respond to of 68396
 
HI xcr600!

Missed RFMD in the 43s today too but i am not sure if we won't see the stock there again. As impressive as a 150 rise in 15 minutes seems the breadth today was absolutely horrible and a lot of stocks don't really look good. Add to the ingredient list a lack of panic and no real test of any support in the DOW - at least once 10k please!!!- we have a hot little enchilada cooking here.My guess is that we will see a lot of the stocks lower including RFMD.
Interesting was also to see how GALT as a related stock jumped from 25 to 26+ in minutes during the run up in the NAZ but then quickly back down as soon as seller came back. Not standing on firm feet here.
PMCS actually acted stronger during the day but then again it's already sitting on it's 50DMA.
Oh well, just budding in here...hope you don't mind.

STEFAN (btw 100% cash right now)

p.s.miss Clint's guidance in these difficult markets. He always has a good overview.