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Strategies & Market Trends : Befriend the Trend DAYTRADING Thread -- Ignore unavailable to you. Want to Upgrade?


To: mr_short who wrote (123)11/11/2000 8:32:34 PM
From: Dr. Stoxx  Respond to of 768
 
short,

I'm happy to give a quick TA read if you do your bit and post links to charts for your stocks. Try timely.com or stockcharts.com and set Stoch to 14, ROC to 12, volume, 50MA and anything else you normally look at.

Naz: yes, further down unless something gets resolved in the election crisis...and from the news it sounds like things are moving in that direction. Technically we are due for a bounce, and Monday or early this next week is as good a time as any. It could be that if the election fiasco gets carried on further that the market will simply ignore the mess and carry on with business...i.e. buyers coming in to mop up the blood...

My hope is for a rebound since I'm holding only longs at the moment...but the momentum is against us...

TC



To: mr_short who wrote (123)11/12/2000 10:01:07 PM
From: David Lee Smith  Respond to of 768
 
The market continues its sell off. The MomentuMonkey continues to say SELL. For information on the MomentuMonkey model click on the following link:

www7.bcity.com

As for your stocks, EXTR looks interesting. You have lots of good company although you face the near-term obstacle of a double top. Positive money flow in this stock should make this stock come back in 18-24 months. VIGN looks very weak. Get out now. BIKO, well I look at penny stocks too and this one looks weak. There is a lot of volume at these levels, but most of it is selling. It doesn't look promising.