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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: j g cordes who wrote (34338)9/20/2001 1:23:09 PM
From: Johnny Canuck  Read Replies (1) | Respond to of 68385
 
I guess they are hoping to make the EPS line look better. IBM did a good job of growing EPS by buying back stock. I donèèt think the masses will fall for the same gimmick given how wide spread it is.

<EDIT> My COMPX system is on the verge of negating. SOX is still on a buy. Break of 1450 on the COMPX is a sign to run for the hills.



To: j g cordes who wrote (34338)9/21/2001 12:54:36 PM
From: Johnny Canuck  Read Replies (2) | Respond to of 68385
 
Wow Jim,

I don't think I have every see anything like it. Just waves and waves of selling for 5 straight days. Some stocks have been cut in have in a matter of days. What was 1987 like?

COMPX and SOX signals now flat. Gap below 1450 this morning would have stock me out of any positions.


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