Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Jan Robert Wolansky who wrote (4651)	1/8/1998 11:27:00 AM
From: Chris	Respond to of 42787

hi jan and steve, nice pick on tmbs. im glad you picked a 99/94 stock.. gives you a little bit more breathing room.. i looked at it using metastock.. daily: very good sight. kinda worried that the stochrsi 8,5 is up high already. using that info with the 14.0 resistance 14 ,0 might be a show-stopper.. right now tbms is at 13 3/4.. what concerns me is that the weekly chart is starting to turn down/bearish.. using the chart from last night we see that macd weekly is up high and we got the sell crossover.. however, weeklies are giving me a little sign of bottomming on the weekly.. so the weekly is bearish but improviing (doesn't mean a buy though).. what does that mean? that means it might be losing steam on the weekly (due to the bearish signals on the weekly).. but on the daily is showing strength.. the ob stochrsi 8,5 is a concern and the bearish weekly is a concern -->> can it push above 14.0??? if it goes above 14.0 then i would assume the weekly will start bottoming to buy signals even more.. sorry if im rambling.. just woke up and too many things on my mind <g> basically 14.0 is key..if it breaks 14.0, then i expect it to reconsolidate ABOVE 14.0 (using it as support)... not sure.. let's take one thing at a time.. 14.0 lets watch it together.. great pick jan.. sorry i didn't get the data in metastock a bit sooner.. Chris

To: Jan Robert Wolansky who wrote (4651)	1/8/1998 11:30:00 AM
From: Chris	Respond to of 42787

2 minutes after i typed the previous post.. tmbs broke above 14.0 my last quote is at 14 1/4 up 7/8 heheh see where it closes.

To: Jan Robert Wolansky who wrote (4651)	1/8/1998 12:02:00 PM
From: Chris	Read Replies (1) \| Respond to of 42787

watch the spread on tmbs as well.. low avg volume stock? 27K traded so far.. i guess so. 3/8 spread right now..

To: Jan Robert Wolansky who wrote (4651)	1/8/1998 8:25:00 PM
From: Chris	Read Replies (1) \| Respond to of 42787

bad close on tmbs.. closed below the 14.00 resistance line.. tomorrow will be deciding day.. i would put sell stop and get ready to bail.. today's failure to break/close above key resistance point could be a sign of failure. this situation was seen in the nasdaq when it closed above the 50 day ma but the next day, it went below.. i would call those as failures.. that doesn't mean breakout can't happen.. it means the chances are lower with today's action. Chris