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 : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Carolyn who wrote (36313)	5/29/2000 11:15:00 AM
From: Doppler	Read Replies (1) \| Respond to of 63513

Even those charts though would scare me a bit. Lately stochastics haven't seemed to mean much. Stuff that is oversold gets more oversold. That money flow still hasn't broken its downtrend line since early May. The overall downtrend line is also still intact. There also hasn't been any follow through since the engulfing candlestick in early May. There was that hammer a few days ago but no follow through. Now it's looking more like an evening Doji star trying to set up. (I'm very rusty on sticks so don't listen to a word I say in this paragraph <vbg>). Then again its hourly chart shows good RSI strength. I will say this much with confidence. It is at an inflection point. If it breaks through here it could go places. If it gets turned back it is going much lower. Personally I would wait for the stock to show more strength before I bought it, but that's just me and my singed arse talking. :-)