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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: Softechie who wrote (20681)5/5/2001 11:22:21 AM
From: John Crovelli  Read Replies (1) | Respond to of 37746
 
RMBS - I doubt all the indicators are wrong, it will likely head south next week.

Composite Indicator
TrendSpotter (TM) Sell

Short Term Indicators
7 Day Directional Indicator Sell
10 - 8 Moving Average Hilo Channel Sell
Price vs. 20 Day Moving Average Sell
20 - 50 Day MACD Oscillator Sell
20 Day Bollinger Bands Sell

Short Term Indicators Average: 100% - Sell

Medium Term Indicators
40 Day Commodity Channel Index Sell
Price vs. 50 Day Moving Average Sell
20 - 100 Day MACD Oscillator Sell
50 Parabolic Time/Price Sell

Medium Term Indicators Average: 100% - Sell

Long Term Indicators
60 Day Commodity Channel Index Hold
Price vs. 100 Day Moving Average Sell
50 - 100 Day MACD Oscillator Sell

Long Term Indicators Average: 67% - Sell

Overall Average: 96% - Sell


quotes.barchart.com



To: Softechie who wrote (20681)5/5/2001 12:33:15 PM
From: Wes Stevens  Respond to of 37746
 
I agree techie, after all if the stock once sold for $150 it is a steal here at $15 right. Looked like that was part of the mentality after it reopened on Friday. It will be interesting to see what some of the analysts have to say on Monday.



To: Softechie who wrote (20681)5/5/2001 1:38:19 PM
From: DebtBomb  Read Replies (1) | Respond to of 37746
 
Meeks on CNBC yesterday evening said sell RMBS, and he's shorting it. I remember when he made a similar call on NUFO one Friday evening when NUFO was like 50, hmmm.