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Strategies & Market Trends : Paint The Table -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (11975)1/29/2002 3:33:52 PM
From: jcky  Read Replies (1) | Respond to of 23786
 
lol...

Nothing is impossible.

I like to play the odds. Just about every indicator that I can think off suggests this market is headed lower for now. I'm not saying that it's going to stay down indefinitely but this is what I perceive.

I've stayed the course and have not relented from my BRCM shorts. That's not to say that I'm overconfident and don't have an exit strategy. I've already have a pretty decent profit on this trade and I'm betting I'll get more out of this (perhaps foolishly). BRCM just took longer than the rest of the tech plays to break down but breaking down now, it is....

Last week was the calm before the storm.

Wooof.... wooof....



To: Jorj X Mckie who wrote (11975)1/29/2002 3:45:22 PM
From: Lost1  Read Replies (3) | Respond to of 23786
 
opinions needed..still short MERQ..it should have been covered yesterday but I didn't..the PE is 200, but the chart looks repaired and strong now

59.00 | O X 7 + | | | 59.00
58.00 | O X X O + | | | 58.00
57.00 | O X X O X O + | | | 57.00
56.00 | O X O X O X O + | | | 56.00
55.00 | O X O X O X O + | | | 55.00
54.00 | O O X O X O + | | | 54.00
53.00 | + O X O X O + | | | 53.00
52.00 | + O X O X O + | | | 52.00
51.00 | O O O + | | | 51.00
50.00 | O + | | | 50.00
49.00 | O + | | | 49.00
48.00 | O + | | | 48.00
47.00 | O + | | | 47.00
46.00 | O + | | | 46.00
45.00 | O + | | | 45.00
44.00 | O + | | | 44.00
43.00 | O X + | | | 43.00
42.00 | O X O + | | | 42.00
41.00 | O X O X + | | | 41.00
40.00 | O X O 8 O + | | | 40.00
39.00 | O X O X O + | X |High| 39.00
38.00 | O O X X O +| X X | | 38.00<
37.00 | O X O X O |+ X O X | | 37.00
36.00 | O X O X O X X| X O X | | 36.00
35.00 | O X O X O X X O X|O X O X |Avg | 35.00
34.00 | O X O O X O X X X X O X|O X O X | | 34.00
33.00 | O O X O X O X O X O X O |1 O X | | 33.00
32.00 | O O X O X O X O X | O X | | 32.00
31.00 | O X O X O X O X | O X | | 31.00
30.00 | O O X O C | + O X |Low | 30.00
29.00 | O X X |+ O + | | 29.00
28.00 | O X O X X +| + | | 28.00
27.00 | O X X O X O X + | | | 27.00
26.00 | O X O X O X O B + | | | 26.00
25.00 | O X O X O X O X + | | | 25.00
24.00 | 9 X O O X O X + | | | 24.00
23.00 | O X O O + | | | 23.00
22.00 | O X + | | | 22.00
21.00 | O X X + | | | 21.00
20.00 | O X O X + | | | 20.00
19.50 | O X O X + | | | 19.50
19.00 | O O X + | | | 19.00
18.50 | O A + | | | 18.50
18.00 | O + | | | 18.00
17.50 | + | | | 17.50
17.00 | | | | 17.00
16.50 | | | | 16.50
16.00 | | | | 16.00
02
--------------------------------------------------------------------------------
+ = bearish resistance line
+ = bullish support line