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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Stockdoctor who wrote (63871)11/30/2000 12:06:48 PM
From: judge  Read Replies (1) | Respond to of 122087
 
Personally I think NTIQ will have its day.. I'm short but have a stop loss at 93.. The risk reward looks good at these levels.. Its actually holding up fairly well although the BOP has been decreasing ever since the new high.. The reason I like this one as a short is the risk reward.. IF it breaks 74 there are stops to be filled all the way down to 40..

Also most investors follow the herd.. This one may appear solid but once the selling comes investors will sellout, since they have seen this happen to these lofty stock ovr the past couple weeks.. The key to this short is a break of 74... Although im short .. you might want to wait for NTIQ to break the 70 dollar level..

I like itwo right now as a good short.. once it breaks 80 the selling will increase.. no support until 50..

also idph a good short based on valuation.. also there has been selling into the most recent bounce from 174.. BOP has been negative .



To: Stockdoctor who wrote (63871)11/30/2000 10:00:44 PM
From: Anthony@Pacific  Respond to of 122087
 
I really have no opinion on it..money flows from those that break to those that havent ,,that keeps stocks up artificially