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 : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Doug R who wrote (38627)	2/23/2001 2:12:02 PM
From: ivan solotaroff	Read Replies (2) \| Respond to of 79279

THE VIEW FROM THE CATHOUSE Doug, "If the market allows" Big If. Hyper-bearish indicator today (at least to my cat-scratch-fevered mind) is INTC, which is hitting new lows on average volume. So far, INTC's cat-signals have been the best "bellwether" I've found. They caught the market's only three bounces since August: siliconinvestor.com (compare that to:http://www.siliconinvestor.com/research/comp_chart.gsp?s=COMPX+intc) each for the requisite mid-20% worth, and would've also provided iron-clad sell/short signals. The probable lack of signal today, plus the fact that INTC is challenging support from mid-98 (or did it go through today?) siliconinvestor.com again on such lazy volume (looks to be only 60 million today) is worrisome for the near future. If the Naz breaks 2000 there might be some real panic selling. (Yum.) But that's just my two whiskers' worth. Miao, Ivan

To: Doug R who wrote (38627)	2/23/2001 5:40:27 PM
From: Warthog	Respond to of 79279

scan junk for next week RSI based ADSK ASHW CNX CTB DNR F GVA IVGN MAV MNC NDN OSTE WSM Delaware MDG HC FDO INSUA MIPS wart

To: Doug R who wrote (38627)	2/24/2001 1:14:49 PM
From: ivan solotaroff	Read Replies (1) \| Respond to of 79279

AFTER THEY'VE SOLD THE NEWS Doug, I'm wondering if there might not be a "trick" to be found with this scenario: siliconinvestor.com People are "buying on the rumor" of FDA approval here from 2/13 to 2/16. It comes, then the stock plops 25% over three days "on the news." That's fine and dandy. I was wondering if there wasn't some TA discoverable (some three-day RSI-type of thing?) that might determine when to play the post-sell-on-the-news-bounce. Then I thought, "Hmm, don't I know a guy who does this kinda stuff?" Ivan