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


To: Return to Sender who wrote (36494)3/19/2002 12:59:03 PM
From: Johnny Canuck  Read Replies (1) | Respond to of 67999
 
[RumorDude]
Tue Mar 19, 9:54am PST Market
My current thoughts are pretty simple: warnings season doesn't look as bad as expected, so we should be okay into the week of INTC+MSFT earnings. I'd like to eventually see a fed increase which could be a nice "greenspan thinks we already bottomed and are heading up" signal. So, while the VIX is low - and I still don't like it there, I'll wait until around the INTC/MSFT earnings week to revisit short thoughts. none
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[madtrader]
Tue Mar 19, 9:20am PST BRCD
Since EMLX has reacted well since our entry. I am seeing signs of similar run in BRCD. So I will give it a shot too. long BRCD.
[madtrader]
Tue Mar 19, 8:07am PST TMTA
This former highflyer has build a nice base. Today it is breaking out of the recent congestion as well as the 200 DMA on increasing volume. Not a bad place to speculate. Long TMTA.
[madtrader]
Tue Mar 19, 8:04am PST DJ
Breaking out of the recent congestion here. It is now a buy on dip. none.
[madtrader]
Tue Mar 19, 7:45am PST EMLX
Looks like we have an oversold bounce play here. The intermediate term picture still looks awful, but it's been going down virtually 2 months straigth. May have some support here from October. Okay for a trade back to 30. Be sure to use stop loss. long EMLX.
[madtrader]
Tue Mar 19, 7:07am PST NEM
A big flag formation. CRB index has been going up lately, and bonds are behaving well. I am not a gold bug, but could be forecasting a breakout in gold prices. none