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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: gravity rules who wrote (13419)4/22/2002 6:38:40 PM
From: kodiak_bull  Respond to of 23153
 
buysell:

Interesting set of picks (why do I feel like the bear in that bull and bear commercial?).

A quick look at the charts tells me, short term, you have a good position in EMLX, but that you'll be able to get the other four ADCT PMCS GNSS BRCD cheaper in the next couple of days.

Good luck and keep us posted.

Kb



To: gravity rules who wrote (13419)4/22/2002 11:19:53 PM
From: Warpfactor  Read Replies (2) | Respond to of 23153
 
BuySellOil:

Looks like you and I are the remaining tech fans. For the record, I don't own a whole lot right now - a little KLAC and CY.

I'm watching for the market technical indicators for opportune buy signals - I do not try to catch falling knives willy-nilly. Not saying that you do, but there was such an accusation:

Indicators signaling buy
-ARMS Index - gave intermediate reversal signal 8 trading days ago. After today it is evident that markets are still hunting for a bottom
-3 week vs. 39 week put/call ratio - The average put/call ratio - 3 week moving average is 13% higher than the 39week moving average. An oversold signal. 20% would be very rare - happened twice in the past 5 years. The 13% was before todays action getting factored in. (12% is considered the primary oversold threshold)

Waiting on:
MacLellan Oscillators for NYSE and NASDAQ to reach oversold
VIX > 30 would really be great

Warp