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


To: Doug R who wrote (10050)1/5/1998 12:23:00 PM
From: Dave H  Read Replies (1) | Respond to of 79180
 
Doug,
Where do you see CSRE going from here? I jumped in at 6 13/16. I also took a small foray into APM at 13 1/8. I think the deMark retracement price objective is around 29 on that one. (first price objective, that is...) Your more conservative target of 20 is ok by me too...

-dave



To: Doug R who wrote (10050)1/5/1998 12:36:00 PM
From: ivan solotaroff  Read Replies (1) | Respond to of 79180
 
Doug,

Thanks for the concern for SGI. It's actually doing well, on its own little speed. It's not a dead cat bounce (OXHP ISSS, wow!), so I'm just treating it as a normal investment. They report earnings in three weeks, so I'm super-wary; what we're going through now is the third retraction from an upside-down U pattern, and on the last retraction it double-gapped. First sign in price movement that pre-warning is impending and I'm out. I probably should be now.
I'm tempted to call APM a PIS (Pig-In-Slop). I think it's an extremely dangerous play, and would treat any buying after a spike like Friday's as chasing. Once you come up with a true read on it, six months from now, I'll be happy to search my soul for a better acronym.

Ivan



To: Doug R who wrote (10050)1/5/1998 12:43:00 PM
From: Michael L.  Read Replies (1) | Respond to of 79180
 
Doug, AGPH starts really to take off. I do not see anything in the sky up to 38. Am I right? How do they usually go from this kind of triangles? Should I expect small reaction between 32-33?

Surprisingly for me ORCL continues to go up, but already without me. But it is a good news, may be it is starting an uptrend. Will watch it closely for an entry point.

Is AMVC sleeping?

Thanks, Michael



To: Doug R who wrote (10050)1/5/1998 1:19:00 PM
From: ivan solotaroff  Read Replies (3) | Respond to of 79180
 
OOOPS

Doug,
What were you looking at when you saw SGI losing steam?
One more downtick and I'm out with minuscule profits.
Hey, it's not a loss.

Ivan

PS: APM up 11%. Humm. What were you saying about quasi-cats?