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 : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Chris who wrote (22603)	4/2/2000 11:31:00 PM
From: Lee Lichterman III	Read Replies (3) \| Respond to of 42787

Bob, you may want to ask the same question on the MetaStock thread here on SI. I know their MetaStock Pro real time version 7 changed from a hard drive type system to a web based system. If it is anything like their program I have for end of day, it is top notch. The only reason I haven't gone that route is I am at work all day so why pay for a day trading program and data feed etc. Chris this market is not getting any easier to read. I have multiple watch list buys for this week which would be good trades in any other time frame. All are nearing cycle low points and should be good buys come Tuesday to Thursday. The problem is when you look at the same stocks and indexes on weekly charts, all are topping in both weekly short term and mid term cycles. Which set of charts do you trust? <g> It is basically a question of macro versus micro I guess. A scalp or short term trade might be OK but does a working stiff try and pull it off? I am watching stocks like DELL, GTW, HLIT, PMCS< DNA, BGEN, COMS, CPWR and the XAU index. Late week to next week looks like ORCL and NETE. NETE already spiked up but hopefully will pull back a little. What to do what to do? Thanks for the kind words. I still haven't figured out how to make more hours in a day though. <g> I was changing the oil in my cars and cleaning my garage and missed the planned chat tonight. Some host I am huh? <g> EDIT - I forgot to add the NDX is not looking as bad as teh NASDAQ itself. Leadership being sought over specualtive issues for once. Either that or a desire for liquid stocks in case a rapid exit is needed. Also, a lot of negative in Japan right now so futures being down tonight may not carry as much weight as usual and could recover once Asia closes. Volcano eruption and collapse of thier "President" I am sure put a negative slant on their trading tonight. Good Luck, Lee