Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Trade/Invest with Options Jerry a Point & Figure Chartist -- Ignore unavailable to you. Want to Upgrade?

To: Jerry Olson who wrote (3360)	8/30/2001 8:10:49 AM
From: Jerry Olson	Read Replies (1) \| Respond to of 5893

AFTER THE GDP..AT 8.46 AM ON 8/29...I HAD SERIOUS SECONDS THOUGHTS ON THAT GDP NUMBER AS YOU'LL READ HERE while we wait for the revised GDP number...i have taken a close look at the stocks in the BTK index..all of them and will give you a brief look at each one for a trade.. i like the BTK chart, the BPBIOM(bullish percent) on DWA and the enitre sector is oversold right here...looking for a bounce if we do in fact move up thru early Sept... GDP came in good folks<G>...guess the doom and gloomers will have to wait a bit... so if you wish to go long..just re buy those nice semis we love and trade...and now the bio techs..here they are... THIS IS JUST A QUICK TAKE ON THESE STOCKS.. AFFX-----BUY TRIGGER(BT)---23 3/4....SS(SELL SHORT)...21 3/4 AMGN---BROKE A TRIPLE TOP AND THE BRL LINE...64 1/2 THE BT(BUY TRIGGER)....61 3/4 THE SS.. BGEN----3 CONSECUTIVE BUY SIGNALS IN A ROW...BROKE THE BRL LINE TOO..60 3/4 BT....58 1/4..SS CEPH---AT THE BRL R IS THERE...NEEDS A PULLBACK FIRST...61 1/2 THE BT...59 1/4 THRE SS CHIR---NICE ROUNDED BOTTOM CHART PATTERN HERE ON P&F..49 1/2 THE BT...47 THE SS.. CORR---AT THE BRL AND HEAVY R....28 1/2 THE BT..26 THE SS.. CRA--LOUSY CHART AVOID FOR NOW OTHERS LOOK BETTER.. DNA---2 NICE BUY SIGNALS OFF SOLID SUPPORT AT 38/39...47 3/4 THE BT...44 3/4 THE SS.. GENZ---SOILD SIDE WAYS BASE BUILDING HERE..NICE..COULD BREAKOUT...56 3/4 THE BT...54 1/4 THE SS GILD---OVERBOUGFHT AND MUST PULLBACK FIRST...62 3/4 THE BT...60 THE SS..58/59 GOOD S..55 THE 20 EMA DAILY. HGSI---STILL IN THE BASE BUILDING PHASE....46 3/4 THE BT...44 1/4 THE SS.. IDPH---SUPER B/O AT 54 FLEW TO 62 NICE...NOW PULLING BACK, EVEN BETTER...60 3/4 THE BT...58 1/4 THE SS..63 IS ANOTHER BIG B/O... IMNX---TRIPLE TOP B/O AT 18...GOOD S(SUPPORT) AT 16 1/2...18 1/4 THE BT..16 1/4 THE SS.. MEDI---AT HEAVY R AT THE BRL LINE AND THIS IS A LOW POLE WARNING...MEANING WATCH OUT SHORTS...IT WILL PULL BACK FIRST THO...41 3/4 THE BT...39 1/4 THE SS.. MLNM---HEAVY R AT THE BRL LINE..AND 40 EMA DAILY...29 THE BT...26 3/4 THE SS.. PDLI---NEEDS A PULL BACK BADLY HERE IT'S OVER BOUGHT SHORT TERM...60 3/4 THE BUY TRIGGER.(BT)...57 3/4 THE SS(SHORT SALE... ok thats it for today..if your long..just sit on your hands, and your stops...that GDP number wasn;t that good... careful out there...we could tank here... best of luck jer