SI
SI
discoversearch

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 : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: J.T. who wrote (19083)3/24/2006 4:39:38 PM
From: SGJ  Read Replies (2) | Respond to of 19219
 
Any equity suggestions will be appreciated, by blog of course. Hope that wasn't spam. :-) Im having a hard time finding good long entries on anything I follow other than AMD. Have been reloading it on this dip. Finally solidly in the green on that one today.



To: J.T. who wrote (19083)3/25/2006 9:59:31 AM
From: robert b furman  Read Replies (1) | Respond to of 19219
 
Hi J.T.,

I agree.

Some of the stocks I watch are having false starts,quick spikes of upward price movement that also have a faster spike of volume during the day - but fall back to lower price range.

They appear to me, like short covering and/or block accumulation by someone with much more money than I.

I view that as a very positive, occuring more or less under the horizon.

That being said,there still is time (2 weeks) for a major pre-announcement/earnings warning by a bellwether that could give us a very nasty deep and quick final shakeout before a nice upward move.

I've learned to always expect those final shakeouts and truth be told, I most often have to endure them,as I lose patience and buy 1-2 days too early.

I too am keeping some new cash in reserve.Seems like the dream of fresh cash at a really great but short dip is the "Ultimate Dream Buy".

Heck everyone needs a dream.<smile>

FWIW and this is free:

This is my favorite stock - it has been slapped hard after record earnings by a webcast that gave forward guidance of a 19 % drop in orders from Q1 and Q2(which were record spikes in orders).

Note SAR buy getting very close - not that it could not be a false trigger as happened in August through November 05 several times.

Fundamentals are like a bank.

stockcharts.com[w,a]dacayiay[dd][pb50!h.02,.20!f][vc60][iut!ua12,26,9!uv25]

Now business is only up 30-35% YoverY.

Hoping for a good quarter and substantial turn around in April webcast.Hoping for a final shakeout in the next 2 weeks.

Best of trades.

Bob



To: J.T. who wrote (19083)3/25/2006 10:12:32 AM
From: marginmike  Read Replies (2) | Respond to of 19219
 
JT my read now is that may will either be low not a high, or we have a blow off into may. In either case I dont see much downside after that. If we blow off we will come back to 1270 into oct. if its a low we could go way higher. NYSE specialists, Rydex ratiuos(as you know), general concern out there coupled with what amounts to be pretty good economic conditions tells me buying dips(even big ones) may be the way to go.