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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: ynot who wrote (65027)	10/7/1999 11:51:00 AM
From: Jenna	Respond to of 120523

<<PHCM.. shorted at 182 29/32s. 3 big black candles bearish RSI 15 minute chart just triggered a sell (5 minute chart) hit the 20 period moving average, a possible short situation, RSI turning down +DX looking like its about to cross the -DX and ADX dropping. (15 minute chart waited for the RSI to turn below the top line) although here its still above 20 period moving average) stock is still 61% of day high, better to get in a little later but get a clearer signal. Now I don't have two shorts 1 high and 1 low but only 1 short..

To: ynot who wrote (65027)	10/7/1999 11:54:00 AM
From: Autumn Henry	Read Replies (3) \| Respond to of 120523

Ynot, good play on PHCM so far....how did you judge to short it where you did? thanks

To: ynot who wrote (65027)	10/7/1999 2:25:00 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

PHCM ynot, question. Did you cover or hold your first short? I would not have been able to hold it but wondering if you did. Do you use TA at all for your short positions or just 'news' like you had. i plan on holding the PHCM short hopefully through the weekend. My shorting techniques (such that they are) are based on historical price patterns and chart patterns (today's BVSN short was actually better than I thought, question #2 would you have held the short position if you had just made a large profit going long (BVSN). Question 3: Doesn't the fact that BVSN is a strong, popular stock influence your decision. IF you notice OJ's long signals are a little higher than mine also. I'm asking because I'm looking to short more PHCM if it hits 186-7 again.