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Technology Stocks : Alternative Fuel Stocks (maybe some other crap too) -- Ignore unavailable to you. Want to Upgrade?


To: IHateSourCream who wrote (8)5/26/2005 3:38:38 PM
From: Kevin  Respond to of 37
 
Hi IHSC-
Thanks for not forcing me to talk to myself.

I'm having a hard time deciding if NTAP will base here at the 20 EMA, or if it will slide some more and test the $28 support level. I'll watch tomorrow's early activity and try to get a better idea of what I want to do with my current positions. Overall I think it has held-up well after that earnings report earlier this week.

I realize this has nothing to do with alternative fuel stocks, but I figured it pertained to the "maybe some other crap too" part of the thread title.

I added that statement, because I wasn't sure if there was enough interest in alternative fuel stocks (hell, I'm really only researching them as a "side project" and only using gambling money to buy shares in them right now). I also wasn't sure if I could revive my old TSO thread (Tech Stock Options). Either way I enjoy discussing short term and long term trading, based on technical and fundamental analysis...guess it doesn't really matter where I post my thoughts. lol!

Good luck and I'll talk to you soon.
-K



To: IHateSourCream who wrote (8)5/26/2005 4:01:05 PM
From: Kevin  Read Replies (1) | Respond to of 37
 
If the economic stats that come out at 8:30 tomorrow (Personal Inc, Personal Spending, PCE, etc.) help fuel an early rally in the market, I plan to short the Qs in anticipation of a selloff later in the day. Technicals have heated-up a bit again, due to today's activity and I think it's very likely that we could see an early pop that won't last into the close. I'll base my entry point off of the resistance levels that I'll calc before the open tomorrow.

Just looking for a quick clip.

-K



To: IHateSourCream who wrote (8)5/27/2005 9:52:47 AM
From: Kevin  Respond to of 37
 
As of this writing, NTAP is currently sitting on the 20 EMA. Do you think it will go lower?

So far, NTAP seems to have based nicely at the 20 EMA and 20 SMA. I'm still a bit skeptical though, with regards to adding to my calls or shares.