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 : Global Thermoelectric - SOFC Fuel cells (GLE:TSE) -- Ignore unavailable to you. Want to Upgrade?

To: Grislee bear who wrote (4681)	2/5/2000 8:22:00 AM
From: michael a. rowe	Read Replies (2) \| Respond to of 6016

stock down.....my guess this is in response to being added to tse300 coming up after that happens huge buying will drive it higher....but those that want to buy probably would like to start out as low as possible.....looks like a nice short term buy to me but....hey you guys all know im always wrong i did say short term

To: Grislee bear who wrote (4681)	2/6/2000 12:10:00 AM
From: HubTech	Read Replies (1) \| Respond to of 6016

More Amateur TA: Friday's action formed an inside day. Martin Pring's 'Introduction to Technical Analysis' has this to say about inside days. "Inside days develop after a persistent short-term price move and are really the second day of a 2-day price pattern. In an uptrend, the first day consists of a fairly sharp rally. On the second day, the trading range is completely encompassed by that of the first. ... Key reversals are generally more significant when they are followed by outside and then inside days." This is still a short term reversal pattern. The pattern has not been invalidated. In fact, the signal has become stronger. Get out your cheque books, here comes an excellent buying opportunity (IMHO, of course). Prognostication: I'm still looking for a 3 to 4 day gradual drop before we head north again. Although the pattern indicates it may now become even more pronounced, the TSE200 inclusion is just 9 trading days away, which should lend some support. Please don't anyone act upon my ramblings here as I may be completely wrong (again). ... HubTech