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Strategies & Market Trends : Playing the QQQQ with Terry and friends. -- Ignore unavailable to you. Want to Upgrade?


To: Jill who wrote (875)6/17/2005 11:42:07 AM
From: Walkingshadow  Respond to of 4814
 
RIMM looks good to me.

RIMM is in an uptrend, there was a nice gap up on big volume in March, and there are encouraging signs in the chart like the upsloping trendline:

stockcharts.com[w,a]daclyyay[dd][pb50!b200][vc60]&pref=G

RIMM is near the bottom of the BBs:

stockcharts.com[w,a]daclyyay[dc][pd20,2!b50][vc60][iLk14!Lyb20,2.0]&pref=G

RIMM is extremely oversold. But there are no buy signals yet. However, buy signals appear imminent:

139.142.147.218

I would watch and wait, it looks like RIMM may have a bit more downside here. RIMM is a very nice cycling trading stock; note the stochastics.

T



To: Jill who wrote (875)6/17/2005 11:45:50 AM
From: Walkingshadow  Respond to of 4814
 
GOOG has pulled back after a very strong rally. GOOG looks to have a bit more downside, but is trying to stabilize in the middle of BBs that are starting to contract:

stockcharts.com[w,a]daclyyay[dc][pd20,2!b50][vc60][iLk14!Lyb20,2.0]&pref=G

I don't see sufficient technical evidence of upside reversal et, so this one alssos falls into the category of watch and wait.

139.142.147.218

T



To: Jill who wrote (875)6/17/2005 11:55:02 AM
From: Walkingshadow  Read Replies (1) | Respond to of 4814
 
Hi Jill,

SSTI has been in a long downtrend and seems to have found a bottom just above old chart support:

139.142.147.218

stockcharts.com[w,a]daclyyay[dd][pb50!b200][vc60]&pref=G

SSTI has jumped out of contracted BBs, and will probably pull back within them today or Monday:

stockcharts.com[w,a]daclyyay[dc][pd20,2!b50][vc60][iLk14!Lyb20,2.0]&pref=G

SSTI is relatively overbought. This is another one I would wait and see on:

stockcharts.com[w,a]daclyyay[dc][pd20,2!b50][vc60][iLk14!Lyb20,2.0]&pref=G

T