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Strategies & Market Trends : NEW Market Gems - Swing and Day Trades -- Ignore unavailable to you. Want to Upgrade?


To: dayniteshadow who wrote (318)5/29/2001 6:29:03 PM
From: Jenna  Read Replies (1) | Respond to of 1227
 
ADVP... look for probable weakness because ADVP is not likely short of a split, which it DID NOT declare, be up after this report.



To: dayniteshadow who wrote (318)5/29/2001 6:29:03 PM
From: Jenna  Read Replies (2) | Respond to of 1227
 
MSCC the chart is super. I would have liked this better above 61, because as MSCC started to correct not 2 days later it was once again in buy territory. The chart is still looking good and that stochastic move from 92 to 80 took out some pressure but there is nothing to do but look for intraday weakness. Resistance is at 60.50 and from there it will probably pull back. Don't expect too much from a short just yet, but as earnings loom ahead, the chances of a short will increase.



To: dayniteshadow who wrote (318)5/29/2001 6:29:03 PM
From: Jenna  Read Replies (1) | Respond to of 1227
 
QCOM, NVDA, BRCD, BRCM, CMVT expecting more "choice" shorting opportunities Wednesday. They should be giving back the upside they got "on credit".. I don't expect any of the overbought overpriced blimps to continue up without some decent corrections. We are in pre-earnings warnings season and any upside that was an artificial result of the FED intervention might just falter here.

Earnings 'R Us and in this pre-earnings season we will be providing lots of analysis, explanations and outlooks for the next 8 weeks.