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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: rx4pain who wrote (18812)	2/6/2001 2:41:57 AM
From: brk	Read Replies (1) \| Respond to of 19374

IMNX....still curiously watching it find a bottom.

To: rx4pain who wrote (18812)	2/6/2001 3:15:16 AM
From: DOUG H	Read Replies (1) \| Respond to of 19374

Hi Doc, I had my eyeballs on JNPR as well. Williams, OBV has reversed. MOney flow looks to be near bottom. $100 provided support the last trip down as well.

To: rx4pain who wrote (18812)	2/6/2001 4:37:13 AM
From: Walkingshadow	Respond to of 19374

rx, AOL chart is interesting, and there are some unusual things occurring there. Also, I do not see a consistent, cohesive picture with AOL. In the very short term, AOL may have some upside, judging from the hourly crossover chart: 207.61.23.99 However, there are technical sell signals across the board other than very early and not yet confirmed buy signals from OBV and Williams. In particular the 15-5-5 stochastic has given excellent signals with AOL, and it continues to show sell, and is not in extreme oversold territory yet. Furthermore, when you plug in the long term moving averages, it becomes clearer that AOL is still in a long-term downtrend, but in the case of AOL the 200 day ema does not represent the strong resistance (or support) level that it normally does with most stocks. askresearch.com Perhaps a 250 day ema would be better here. But in any case, AOL has repeatedly pierced the overhead 200 day ema, only to sell off right through that point again. While today's candle looks short-term bullish, with some limited corroboration from OBV and Williams, still I would say that AOL has a higher likelihood of failing here than rallying and breaking out into a new uptrending phase. However, the 25 day Bollinger band chart tells a differing story. 207.61.23.99 In these types of charts, if the midline (i.e., 25 day SMA) is horizontal or nearly horizontal, then the stock will tend to oscillate from rail to rail. But if the midline is sharply upsloping or downsloping, then the stock will remain primarily in the half of the BB range in the direction of the trend, and reverse at the area of the midpoint. So, in this instance, the midline is upsloping, and so AOL would be likely to reverse at the midline area, and trade up to the upper rail again. The last two candles suggest that this is what is indeed occurring. So I see a mixed picture with AOL, but trying to take everything into consideration now---including also AOL's longstanding volatility---I think it more likely that AOL will rally from here to the upper Bollinger band rail. ==================================================== JNPR is giving much more clear and consistent indications, and I agree with you that there are buy signals in place now. I don't think you have to wait a day. Tomorrow looks like it will provide a good entry to JNPR. JNPR is extremely oversold, and a rally from here to 140 or thereabouts is entirely possible. There are technical buy signals in place. Also, JNPR appears ready to bounce off the lower rail of the 25 day Bollinger bands: 207.61.23.99 And there is a buy signal now on the hourly crossover chart: 207.61.23.99 So between AOL and JNPR, I would personally feel much more comfortable with a long position in JNPR than in AOL, but AOL is also likely to rally here as well. JMVHO........ WS P.S. I always enjoy giving what explanations I can on technical and chart indicators, so you are quite welcome to ask whatever comes to mind, and I'll give you the best answer I can. WS