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To: pvz who wrote (371)8/12/2001 10:23:07 PM
From: KymarFye  Read Replies (3) | Respond to of 2290
 
May I suggest you take a look at some of the small caps that have run up the last few months? Normally, I stick to daytrading, but MOVI, STEI, FLWS, MIMS, IDCO, MDCI, and BKUNA are some that are on my watch list right now for possible longer-term (days or weeks) swing shorts using the Larry Connors "Crash Burn Profit" set-up, which starts with stocks that have run up to weekly ADX's above 60. MOVI's weekly ADX is pushing 70 right now - you don't see that very often. It's also got a relatively fat price, pushing 30 now, and I'm told that there's a buzz developing about it (often a signal that the end is in store). Usually, there's a fundamental reason, or apparent reason, for such run-ups, which frequently seem to build on themselves as short-sellers pile on, only to get squeezed through the top as the bubble inflates. I'd be interested in hearing what your RSI method and FA tell you about these.



To: pvz who wrote (371)8/13/2001 1:14:48 AM
From: iowamann, Spam Queen  Read Replies (1) | Respond to of 2290
 
pvz, you're just the kind of investor we're looking for. Great post. Hope you continue to share your insights.

Welcome to motley hideaway of renegades and misfits.
-you got a way with words.

Lot of people are expecting some kind of technical bounce in the next couple of days. What do you think?



To: pvz who wrote (371)8/13/2001 11:02:07 AM
From: eichler  Read Replies (1) | Respond to of 2290
 
pvz,
Glad to see you over here and looking forward to reading your ideas.
Best,
Eichler