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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: ivan solotaroff who wrote (7339)11/7/1997 4:06:00 PM
From: Doug R  Read Replies (1) | Respond to of 79324
 
Ivan,

I think you spotted it on the high volume day with no more downward movement. The technicals were looking very grim. Short-term it was extremely oversold and at the very least, a technical bounce was due but the volume said there was something more than that in store. There's probably something still quite negative lurking behind the technicals though. The quick move up here doesn't reverse the weakness just yet. Keep an eye on the 3 day RSI and 2,1,2 stochastics for overbought readings. It hasn't broken the price downtrend.

Doug R



To: ivan solotaroff who wrote (7339)11/9/1997 2:33:00 PM
From: Perry Stewart  Read Replies (1) | Respond to of 79324
 
Hey Ivan,

If you can check out the short positions on Jan 90 and
March, for G...

Someone knows something here...

I saw Michael Jordan comercial last nght with Toys that ate
Duracell batteries like candy. Some competor saying thy can do the same thing for less money.. Except using M.J. to say it...

Anyway, it hit my target of 92+, and I bought Jan puts...

What does ol Berkshire know anyway! :o)


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