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.

Technology Stocks : ADI: The SHARCs are circling! -- Ignore unavailable to you. Want to Upgrade?

To: Junkyardawg who wrote (2038)	8/23/2000 1:13:55 PM
From: oldirtybastard	Respond to of 2882

I think it could still go either way, who knows where the supply/demand equation will balance. Obviously someone is selling to those buying in this tight price range, who will finish first is not known. I am still holding trading shares but ready to bail if need be

To: Junkyardawg who wrote (2038)	8/23/2000 1:53:52 PM
From: Mike 2.0	Respond to of 2882

Nice 2+ uptick here, volume 1.656m shares is somewhat light, but so quickly after the runup on ADI's grandslam quarterly earnings, I'd be surprised to see a retrace. JMO

To: Junkyardawg who wrote (2038)	8/23/2000 2:07:54 PM
From: Scrapps	Read Replies (1) \| Respond to of 2882

You may have it right. I've not heard anyone say ADI is over-valued or even fairly valued. Everyone I've heard has said it is undervalued.

To: Junkyardawg who wrote (2038)	8/23/2000 2:47:27 PM
From: oldirtybastard	Read Replies (1) \| Respond to of 2882

looks like you were right dawg, I hope this move sticks

To: Junkyardawg who wrote (2038)	8/24/2000 7:22:13 AM
From: BostonView	Read Replies (1) \| Respond to of 2882

Dawg, I used to know a technician who talked about something he called "The Big W", which when formed on the chart pattern can lead to parabolic moves on the right side of the "W". I think others simply call it a double bottom...dunno since I'm not a card-carrying TA'er. But looking at a chart of ADI from the March highs sure looks interesting, though I see a what looks like a triple bottom. siliconinvestor.com Any TA-types lurking have a comment on this? BV