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 : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (47310)	4/5/2002 12:17:37 AM
From: ajtj99	Read Replies (1) \| Respond to of 99280

Zeev, I haven't seen 1296 as a support level of significance when I've looked back, so I'm assuming it is a Fib number. I took the square root of .786, and got 0.88656, subtracted it from 1.00, leaving 0.11343. Taking the run from 1387 to 2099 is 712 points. Multiplying by 1.11343 = 792.76. 2099-793 = 1306. Interestingly, it appears there is an unfilled gap at 1305.38 to 1311.70 from May 2, 1997. Maybe gaps do get filled. 1306 is very close to filling that gap. Anyway, there may be a trendline you see that intersects 1296 at that time. I don't have a chart that can show that. Below 1387, 1343 or so is the next support, then the top of this gap at 1311.70 and ultimately 1306, IMO. Historical COMP Prices from 1996-1998: table.finance.yahoo.com^ixic&y=400&g=d

To: Zeev Hed who wrote (47310)	4/5/2002 12:36:32 AM
From: hotlinktuna	Respond to of 99280

Zeev...took a gain on SNWL and GMST early today and re-entered GMST again for tomorrow. GMST PR after 8pm tonight on share buyback may give it a decent bounce early in the a.m. My HLEX is finally bouncing rather strongly to near 3 from 2.30's and I'm guessing it may get to around 4 by next week. Hope I'm right because I've been patient with this ugly chart stock and it just continued to disappoint! Now if another cliff diver, AMRN 12 up over a buck today can turn it around also and break back up into the teens, I'll really be happy! I'm optimistic about both...for what that's worth. And SFI continues to be very strong though very slow as it is a very conservative choice with a great dividend which has continued to rise for a few years I believe (using my memory here so don't hold me to the time span), but seemingly a very good investment in stormy market conditions. At 29.65 a new 52wk high close, I'm expecting some resistance at 30, though I may try to hold through it and go for more as a .63 quarterly dividend is coming up this month....also PCLE continues to look a lot better last couple of sessions. I haven't re-entered GOLD but wish I'd gotten back in under 10 today. I'll probably have some more chances but it does seem like an area to be in. Missed the big run in LB to nearly 6 today(remember that one I mentioned a month or more ago?) I'm watching INVN for another entry but not in yet. Best of luck tomorrow Zeev...tuna