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 : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Monty Lenard who wrote (35571)	5/7/2002 12:20:24 PM
From: TechTrader42	Read Replies (3) \| Respond to of 52237

I see that Aug. high of 31, Monty. MCD is rising above resistance at the 8/8, at 29.7, and has to clear the +1/8, at 30.07, to confirm a breakout. The center of gravity indicator, which is supposed to have little lag, gave a buy signal at the beginning of the month, along with a lot of other indicators. Stochastics is near 100 in the ST. Look at yesterday's inverted hammer. Has today's move above the shadow negated that candle, or could yesterday's candle still be meaningful?

To: Monty Lenard who wrote (35571)	5/7/2002 12:53:34 PM
From: Terry Whitman	Read Replies (1) \| Respond to of 52237

That all depends on your frame of reference. quote.yahoo.com You say no breakout till 31. Some might say wait until 34. Others might say wait until it hits new all time highs. If you keep waiting long enuf, you'll be getting in near the top instead of near the bottom. I already have some MCD. So I'll probably keep an eye out to buy the maligned techs. I still think CSCO is going to be a good one when the momentum shifts, and LU is holding well above it's previous lows.. I buy em' when nobody wants em', simple as that. BWTHDIK PS- Can I borrow your time machine so I can go back 2 months and buy your RKY? <g> TW