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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Daveyk who wrote (35303)5/18/2000 5:08:00 PM
From: LastShadow  Read Replies (1) | Respond to of 43080
 
Both look a bit scary. BELW doesn't have enough volume for me to be comfortable talking about - I generally try to stick with 500k shares average or better. It looks overbought as well. If I was holding that in this market I would be selling tomorrow for sure.

TLGD is a different story - huge range on that one - from 90 to 30 and back to 70ish. MACD is still strong, as is the Chaikin Money Flow - but I think I would try to get it in the high 60's and be nimble about exiting.

ls



To: Daveyk who wrote (35303)5/18/2000 5:42:00 PM
From: Jeff Jordan  Read Replies (2) | Respond to of 43080
 

To: Kelvin R. Taylor who wrote (35067)
From: Jeff Jordan Thursday, May 11, 2000 6:45 PM ET
Reply # of 35314

Here's a few stocks coming out of some scans...

WatchList
money.go.com

ALLP TMWD AW CTXS ASIS BELW WCG GGC FOB MNTR SAI DRQ PKD KSWS

Overbought? LH MGG

Stocks like AMKR BOBJ EMLX JDSU MSFT AMCC etc. coming on different lists.

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