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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: Copeland who wrote (3016)5/17/2000 4:32:00 PM
From: Lost to Voodoo  Read Replies (1) | Respond to of 19219
 
ADBE's got potential. I think I'd wait for it to breach 130, preferable on heavier volume. Great relative strength and nice that it actually could break to new ground. We're still in suspect territory.

I've never particularly liked AMZN but it's got lots of money inflow according to Birinyi and managed to stay above the 50 day ema at the close on decent volume relative to recent days. Could easily fail tomorrow though!

The emergence of more real breakout candidates seems encouraging.



To: Copeland who wrote (3016)5/17/2000 5:26:00 PM
From: J.T.  Read Replies (1) | Respond to of 19219
 
Copeland, Did you go Long ADBE and cover??

Best Regards, J.T.