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 : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Kevin Shea who wrote (30916)	7/31/2000 2:17:49 PM
From: Rande Is	Read Replies (1) \| Respond to of 57584

To those that have asked which stocks are the best bouncers. . . take a look at today's percentage and point leader boards. . . what do you see? Often the "next wave" of technology bounces first. . . look at RMTR, NTRO and ELON. Very nice moves today. Then there are the regulars. . . PMCS up 17 3/4. . .BRCD up 12. . . AMCC up 10. . . CHKP up 8. . . . VRTS, SCMR, MERQ, CIEN, JNPR, BRCM, SDLI. . . Be sure to notice that today's point LOSERS are nearly all biotechs. . . MYGN, AFFX, PDLI, HGSI, CEPH . . Then there are the newcomers. . .SONS, TLGD, TSTN, LEXG, NSTA? Not a good time to be holding the losers. . . not yet, anyway. Make your list and check it twice. . . once you are armed with a few of your best bouncers. . . you can trade them over and over throughout the coming month, as you recognize near-term bottoms.. . . then selling the NT tops. . . We did that SO many times in the spring with AETH, INSP, ELON, PMCS, AMCC and others. Best Wishes, Rande Is

To: Kevin Shea who wrote (30916)	7/31/2000 2:24:02 PM
From: JLS	Read Replies (1) \| Respond to of 57584

Kevin, when I look at ANAD's chart I see a long downtrend and by connecting the tops, the next up move will bump it's head on that downtrend in the mid-30s area. While ANAD can be played within a certain range, what do you look for as TA indicators that the stock might be reversing the downtrend? I notice that the OBV has bottomed out and reversed. And the RSI hit 30 and is going back up...I like to see a double hump in the RSI around 30. The volume in relation to the price is quite puzzling. Any thoughts you can add would be appreciated....since you're around I thought I'd bug you. Thanks, Julie