SI
SI
discoversearch

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 : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?


To: Perspective who wrote (468)4/20/2001 11:12:47 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
"el" -- LOL

I was so hoping you'd show up so we'd get your thoughts on good short setups.

Stop moved down to protect a Bud and we are pausing as NDX fights its TL. This is also a pause on COMPX at our 2152(+/-) level.



To: Perspective who wrote (468)4/20/2001 11:16:46 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
BTW, MSFT reached the low $70's target that we mentioned a few times. Now roll soft, roll.

(I'll leave you alone now 'cause I just know your pouring over short setups.)



To: Perspective who wrote (468)4/20/2001 11:48:05 AM
From: patron_anejo_por_favor  Respond to of 209892
 
BC...take a look at PMCS. The run up the last 2 days was monumental. I think we agree that the fundamentals don't justify it (What with Sicko's inventory sitting in a lockbox and waiting to be sold, I doubt they'll be getting many orders from those guys for the next year).

A 50% fib retracement from the January high would be about 54. There's a congestion zone at 50 from mid February, featuring a nice gap at 50-51 to provide overhead resistence.

stockcharts.com[l,a]daclyymy[pb50!b200!d20,2!f][vc60][iUb14!La12,26,9!Lg]

Disclosure: I'm the proud holder of a PMCS short position as of today.