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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: in_cog_nito who wrote (23943)	2/22/2001 10:05:26 PM
From: Ken W	Respond to of 29382

INCog RDRT: 207.61.23.98 I'll try to keep this brief...<GGGG> I won't go over the weekend short the stock. I don't mind holding long positions over a weekend as I don't use margin, but since a short sell is a margin transaction I don't like to be surprised on Mon.'s Here is my take on the stock for now and what may happen next week. Notice that the spread between the 10dEMA and the 50dMA are getting closer and closer (you'll need to change the chart to see it). The 10dEMA was at 9.06 last week, now at 8.28...the 50dMA is flattened out, waiting for the 10day to come to it. The 200dMA is flat also. A break of the 10day thru the 50 day will signal a test of the 200. That will be my next short spot. The break of the 50dMA (intraday) said that people were willing to sell under that support (not good). BTW...PCOM will not hit the gap...I'll bet Sergio a double or nothing dinner in N.Y. in April on it!!!!!!!!!!!!! Ken

To: in_cog_nito who wrote (23943)	2/23/2001 6:05:15 AM
From: Ditchdigger	Respond to of 29382

Morning In, didn't mean to leave you out of the Guru catagory<g>..Good luck, if I get stopped out, so be it..won't hurt to much(now at 6 5/8ths, but don't tell your short selling buddies<lol!!>..;^) I didn't realize there multiple threads with bull/bear debate on RDRT..Heck, I haven't even read much of the SI one <g>....Hard to go a against the market trend,will be interesting to see where SUNW goes today..I've begun moving a bit of mutual fund cash into the Janus Twenty fund (JAVLX-big caps) Eyeing the ^BTK, and will watch for a bottom,,she's breaking down..Oh well, good luck, taking a market breather today..What did Doris use to say? What will be, will be...;^)DD (6" of snow last night)