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.

Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: theshaker who wrote (17759)	12/7/1999 8:14:00 PM
From: Ken W	Read Replies (1) \| Respond to of 29382

Doug, If I may try to answer for Myron on the sell signal question. The 5/9/18 cross overs are extremely short time intervals to make your sell choice from. If you are doing a 3 to 5 day trade then you could use them coupled with very short term STOCH's overbought oversold indicators. If you are going for a little longer time frame than you need to look out a bit further on your indicators. Try and use more than just one indicator for your trades too. Personaly I use 4, then comfirm those 4 with others. Here, if this works, is where I start: Note that the 50day crossed over the 200 day on some impressive volume. There was news today so I'm going to watch this one carefully. BTW This was one of my first stocks of Nov. last year bought it at 5 then sold it at 6 on some too short indicators. It went to 21 within the next 6 months. The paste did not work!! ONHN is the stock...run a 2 year quote on the stock with moving averages on Yahoo. Tell me what you see. Ken

To: theshaker who wrote (17759)	12/7/1999 10:15:00 PM
From: freelyhovering	Read Replies (2) \| Respond to of 29382

DOH--Your interpretation is correct. However, I must caution you that I have never shorted a stock. I am passing on something that I learned and never used. I would use it to exit a position but not to short the stock. Many indicators to read to see if the trend has changed; e.g. check out breakdowns in things like MACD, RSI 3 and 14, Stoc's of various measurements, etc.. RSI 9.3 is a good contrary indicator if it does not confirm the upward movement in price) Let me know if you find it useful. ESFT went bonkers again after I sold it too early. It did a very nice brief consolidation around 20 and then went up the last two days to a high of 39. It's one of the ones that I didn't tell Amigo Sergio about. I am in DPAC now from 7 7/16. It broke out today to 8 3/8 to a new high. Sergio!!! There is still time to buy it. Both ESFT and DPAC were original 4/9/18 MA breakouts. Myron