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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (9675)9/6/2001 10:50:45 PM
From: Jibacoa  Read Replies (1) | Respond to of 13094
 
<< not seeing a divergence that can be profitably traded.>>

Sergio:

As can be seen in the chart:

siliconinvestor.com

In early May until the end of that month,it was more profitable to be short MTNT.In June that was still the case,albeit to a less extent. In July & August it was more profitable to be short RRRR.<g>

At 3.22PM today when I first placed the message, you could have made around 12% in about 40 minutes shorting RRRR or buying MTNT. There was a "divergence"<g> (MTNT was down 24% and finished down only 12%)(RRRR was up 6% and finished down 6%)<g>

RAGL

Bernard