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 : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?

To: Jerry Olson who wrote (5068)	12/12/2000 7:58:13 PM
From: Jerry Olson	Read Replies (1) \| Respond to of 8925

Here's the morning mail...good and bad<G> Good morning everyone.. yesterday was a solid day for all of us, many were daytrading better and better..scalping, and making money..solid trading... i just got Carpino's update and will send it after this e-mail...i am going to take profits in RBAK today i have 10 points... i may exit JDSU and the QQQ's and re visit late Fri...we'll see, of course i will post it live in the room.. as for my general feelings they have not changed..in fact they are getting bit more bullish here, because people are very scared and cautious...this is important, for the market's to move higher..we need some fear,,,, today the High Court will rule..it should certainly move the markets one way or the other, we'll play into that move... lot's of eco reports coming out this week too..a perfect type week to make serious money for our coffers...the accts are building each and everyday... ok here are some longs and shorts to play today....remember the semis have begun their move off the bottom, and the bio techs too..Oils are rolling over and down...while banks are moving up here... TRADERS LIST FOR TODAY 1....VTSS--BREAKS A TRIPLE TOP AT 66, CHARTS DEVELOPING NICELY HERE 65 IS THE PULLBACK TO BUY AS IT REVERSES BACK UP..TARGET 74...TRADEABLE.. 2...LTXX---A BABY<G>..HAS VERY HARD R AT 16, A QUINTUPLE TOP AREA...16 1/2 TO 17 IS A BIG BREAKOUT AREA FOR THIS STOCK...COULD RUN INTO THE MID TO UPPER 20'S EASILY..JAN/FEB CALLS OR BUY THE BREAKOUT.. 3...TIBX---IT'S RIGHT AT R HERE AT 77/78, CHARTS LOOKING VERY NICE...BUY THE NEXT SOLID PULLBACK AROUND 70ISH AREA IF IT GETS THERE...GOOD POSITION TYPE PLAY.. 4...ABSC---ANOTHER BIO I LIKE, ACTALLY MAKES MONEY<G>..44 IS THE PULLBACK TARGET TO GO LONG, HAS R AT 49, THE BIO'S ARE ON THE MOVE... 5...IMNX---HIT R AT 49 AFTER A TRIPLE TOP BREAK AT 43...WAIT FOR THE EXPECTED PULLBACK AND REVERSAL STICK TO ENTER HERE... 6...TECH---LOOKS LOWER TO ME, MOVING TOWARD ANOTHER SELL SIGNAL, SHORT ALL RALLIES IN THIS STOCK..39 trigger... 7...GMST---MAKING LOWER HIGHS, RUNNING THE DOWNTREND LINE HERE, COULD TEST 37/38 GOOD SHORT... 8....ADBE---RALLIED UP TO A LOWER TOP HERE, WAIT FOR THE 3 BOX BACK DOWN OR 71..MIGHT HEAD TO 66/67 ON A PULLBACK... 9...NVDA---ALREADY REVERSED DOWN 3 BOXES...HEADING TO ANOTHER LOW TEST AT 40ISH HAD R AT 50...A DOUBLE TOP AREA...GOOD SHORT.. 10..AMZN---WATCH FOR ANY WEAKNESS HERE COULD ROLL OVER AGAIN AND GET HIT..POSSIBLE DOWNSIDE TARGET 19/20.. SO SOME LONGS AND SHORTS TO CONTEMPLATE ..PLEASE HOLD 3-4 DAYS OF TRADERS LISTS...THEY CONTINUE TO PERFORM NICELY... SEE YOU IN THE ROOM.. the name of the room today is..stocks options indexs live with oj..lower case password too..is on the site best to you all jerry

To: Jerry Olson who wrote (5068)	12/12/2000 8:06:27 PM
From: Jill	Respond to of 8925

LOL... Juice...you had one bad day in 4 months...

To: Jerry Olson who wrote (5068)	12/12/2000 8:11:02 PM
From: Roger Schelling	Respond to of 8925

Oh I luv that honesty Jerry. Gotta tell myself all the time, hey why don't i just keep an eye on those indicators? !!!!!!!!!!!!!!!!! I hope the person that went short XOXO today makes a nice profit. It was based on the ADX extremes. Nice call it seems to me. EDIT: XOXO: The 60M 15M and 5m were all soaring on the ADX at that time. Roger

To: Jerry Olson who wrote (5068)	12/13/2000 3:24:48 AM
From: 2MAR$	Read Replies (1) \| Respond to of 8925

Well Jerry , think it were wise sometimes , instead of pulling up new charts ( and i love your picks) but more often visit and revist many of the same plays as we they roam from over~sold to over~bought , and we know them more intimately and the trading patterns are still fresh, trading them on the way up and down....until they go dormant. If i have to trade NTAP for a 2week scause it's trending down , then the sector is trending up, and every dip buy on the daily makes me $$$ ask me if I care ! ( NTAP gone back to sleep for a bit ) also the rise and fall of sectors...and finding early on where goes the money flow. Taking profits on the bios run-up , should automatically have given the que for scalping them right back down for the short ride... but newer picks sometimes obscure the view. And many were overbought yesterday, but the bios had run for 2 days and were begging for it. Yeah , you surprised me when you said on the TQNT sell-off, " We'll let TQNT settle for a few days" and get it ...and there you were , Bonsai Buckaroo jumping in .... Jeeeeerrrrrrry ! Yiiiiaaaahhh! meanwhile IDPH MEDX HGSI PDLI MYGN ARBA QCOM VRTS were tanking more and gravity was on our side ...PDLI MYGN love those baby's. So it was ---->Trend day down! HOLD ALL SHORTS ! Had to have known the Supremes and lawers would take all day to reach a decision...only natural ! Hard for everybody to spin on the swivel chair from two days of rallying long to the short side...gotta think like gladiators... ;-) Oh man been there done that too....