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.

Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?

To: Sam Sara who wrote (8190)	12/28/2000 3:40:31 PM
From: mishedlo	Read Replies (1) \| Respond to of 13572

Thanks Sam, I entered premature but have plenty of time to be right with leaps. I am down from 1-7% or so on that money, depending on the issue. Holding PUTs on C FRE FNM JPM MER Let me know what you do.

To: Sam Sara who wrote (8190)	12/28/2000 9:58:52 PM
From: Walkingshadow	Read Replies (1) \| Respond to of 13572

Sam, RIMM is entering target zone (i.e., the area of the moving averages overhead) for a short now. Stochastics will probably not reach extreme overbought conditions, because other earlier indicators (e.g., Williams) are showing signs of fatigue, so the momentum doesn't look to be there to push RIMM to stochastic extremes. askresearch.com Again, Mar 80's look very good, but I wouldn't take a short position yet. Today's candle still too bullish looking. I'd like to see one bearish candle, with definite sell signals. That looks to be soon, since RIMM does appear to be stalling now at the test of overhead at the moving averages. But another thing is that on the 30 minute chart, RIMM is still uptrending, though not strongly, and is trading above its moving averages. Today's last candle was a Doji, however. askresearch.com I would like to see RIMM break below the moving averages on the intraday, then rally up, test them, and fail one time at least. At that point, I would strongly consider a short entry. One to watch, that's for sure. Regards, WS