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


To: Dave H who wrote (10181)1/7/1998 12:29:00 PM
From: ivan solotaroff  Respond to of 79214
 
Dave:

I think anything over 5 5/8 for RECY is a perilous short, anything below 7/16 is fair game, but with close stops. This stock is capable of miracles. The last viable uptrend was violated for the third time, and that should be the charm.
Congrats on ABTX; that took intra-thigh spherical things.

Ivan

PS: SGI is fixing to signal again pretty soon (assuming volume follows); there is probably an algorhytm of diminishing returns on successive signal days. Basically, the thing is just one long short that you can trade around.



To: Dave H who wrote (10181)1/7/1998 1:45:00 PM
From: Doug R  Read Replies (3) | Respond to of 79214
 
Dave,

The ACT on ABTX starts on 11/19.
Low 2 is 10/16.

News today on ABTX is a Dain Rauscher downgrade from strong buy to buy based on...valuation. It seems Dain Rauscher thinks that at 3X the price where they first recommended it adds risk in the short-term.

Doug R