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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (6254)6/5/2000 2:44:00 PM
From: KevinThompson  Read Replies (1) | Respond to of 13094
 
I like seeing your confidence here. It helps validate my own leanings.

What is your best current days estimate for support on the COMPX and NDX?

Thanks,
KT



To: James Strauss who wrote (6254)6/5/2000 5:42:00 PM
From: Bucky Katt  Read Replies (1) | Respond to of 13094
 
Only one problem, and that is calls have gotten real expensive, real fast. And puts are dirt cheap. This is an inbalance that won't/can't last long, just look at the s&p today. Kinda crudy.

We have gone from a totally oversold market to not what I would call overbought, but one in which you have to be very careful of. In one week! (indexes & big caps)

But the stocks I have been playing with are showing good gains. One in particular, ATMS, finally closed nicely above 10, which is a 600% gain for shares held since it hit the bottom. ARIA up over 100% in the past week too.

XAU is looking good, for now anyway.



To: James Strauss who wrote (6254)6/5/2000 7:54:00 PM
From: Juli  Read Replies (2) | Respond to of 13094
 
Jim, I have followed you on the boards for a long time, and am very impressed with your chart reading ability. My daughter works for Dell and has a lot of Dell stock. I have been baffled by the action recently. It held up better than many of the old guard in the sell off, but lately has been looking really weak. I am very concerned, but don't trust my chart reading that much. Would you please give me your read on this. A million thanks in advance.

Jewel