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Strategies & Market Trends : gem-x's incredibly accurate Elliott Wave forecasts. -- Ignore unavailable to you. Want to Upgrade?

To: eichler who wrote (365)	8/12/2001 4:40:58 PM
From: eichler	Respond to of 2290

Here's another candidate/idea from the long side: 60 minute view shows price marching upwards home.earthlink.net I think price is likely to re-test that last breakpoint @ 36.25 Daily view shows indicators turning up. home.earthlink.net 30ema (blue line) @ 38 likely to provide resistance. Downtrend line above additionally an upside target. Weekly view shows indicators oversold home.earthlink.net Plenty of room above on those fib targets Monthly view shows price fulfilled 50% retrace of huge move up. Price sitting on 30 ema (blue line) support. home.earthlink.net Also, there is a potential catalyst in the form of a conference call Monday to move price. siliconinvestor.com Just an idea for your consideration. Not a recommendation to buy or sell. Always do your own Due Diligence and research. Make your own decisions!

To: eichler who wrote (365)	8/12/2001 5:27:48 PM
From: iowamann, Spam Queen	Respond to of 2290

Eichler, dam it, if you keep making post like this>> we are going to become the hottest board on SI. LOL. Message 16201248 Great post, packed full of info and Eichler Files. Also, Calpine gets the GA thumbs up. Not real pertinent but now CA has an energy glut.

To: eichler who wrote (365)	8/12/2001 9:54:09 PM
From: pvz	Read Replies (3) \| Respond to of 2290

It’s so cozy and funny over here in your motley hideaway of renegades and misfits, I would like to join you if I may. Coming from an accounting background, I used to swear by FA but have been using a combination of both FA and TA in the past months. Most recently I have been successful with a strict regimen of extreme indicators – call it Extreme Investing (bungee style) if you will – starting with an extreme RSI reading. It works faster and more reliably with shorts than longs and I’m beginning to wonder whether it makes sense to go long at all in this market when there’s a very adequate return to be made on two or three day shorts and getting gravity to do the work for you. Like you Iowaman, I’m happy taking small profits and moving on. There are always overbought sectors – last week auto parts and truckers broke down. Next week I’ll be looking at the grocers (eg abs, gap). Fundamentally, I’ll be looking for companies I wouldn’t want to buy – spotty trends, higher than average PE, non-recurring charges and PEGs above 1. Short interest shouldn’t be too high. Most important though is that the RSI reading is overbought at above 70 on both the daily and weekly charts, and either peaking or heading down already. I’m afraid ebay is right in the middle of its RSI zone so it doesn’t fall into my scope yet, but I’m looking forward to sharing other ideas in the future.