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


To: The Phoenix who wrote (57344)10/22/2000 8:44:02 PM
From: Atin  Read Replies (1) | Respond to of 63513
 
Oh c'mon -- we need to keep them is business to know when the tops/bottoms are coming! :)

Like JXM said, they might have picked the bottom pretty nicely with their bull burger cover and maybe now CSCO is a safe bet again with their hatchet job. Did they ever pick LU as the next new thing? I'd like to know if they did, and when they did it . . . Time's cover of AMZN's Jeff Bezos was pretty timely for getting out of AMZN, did Barron's ever give up on their bearish stance on AMZN?

We need to start a thread about contrarian investing using print media as the indicator (web based stuff like theStreet.com is too well connected to the live trading floors so I'm not sure how good they are as contrary indicators).

-Atin



To: The Phoenix who wrote (57344)10/22/2000 10:52:30 PM
From: Lost1  Respond to of 63513
 
maybe not..but I'd sure buy this one in the mid-low 50s.

2 pt box CSCO chart

88 | | | | 88
86 | | | | 86
84 | | | | 84
82 | | | | X 82
80 --------+-+-+-+-----------X O --------------------------------------------80
78 | | | | X O 78
76 | | | | X O X Top76
74 | | | | X O X O 74
72 | | | | X O X O 72
70 --------+-+-+-+-------3 --X 4 X O X --X ----------X ----------------------70
68 | | | | X X O X O X O X O X O X 7 X O X 68
66 | | | | X O X O X O X O X O X O X O X O X O X O 66
64 | | | | X O X O O O X O X 5 X O X O X O X O 64
62 | | | | X O O X O X O 6 O O X O 9 Med62
60 --------+-+-+-+---X ------------O X O --O X ----8 ------O ----------------60
58 | | | | X O X O X O X 58
56 | | | X 2 O O X O X X 56
54 | | | 1 O X O X A X O X 54
52 | | | X O X O X O X O X 52
50 --------+-+-+-X O ----------------------O --------------O --O * ----------50
48 | | | C * * Bot48
46 | | | X * 46
44 | | | X * 44
42 | | | X * 42
40 --------+-+-+-X ----------------------------------* ----------------------40
38 | | | B * 38
36 | | | 9 * 36
34 | | | 7 * 34
32 | | | 6 * 32
30 --------+-+-+-4 ------------------------* --------------------------------30
28 | | | X * 28
26 | | | 1 * 26
24 | | | X * 24
22 | | | C * 22
20 --------+-+-+-X --------------* ------------------------------------------20
18 | | | B * 18
16 | 1 | 7 * 16
14 | 9 O X * 14
12 | 5 O X * 12
10 --------+-2 6 X ----* ----------------------------------------------------10
8 | X O | * 8
6 | 9 | | * 6
4 9 9 9 9 * 0 4
2 4 6 7 9 8 0 2