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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE -- Ignore unavailable to you. Want to Upgrade?


To: Doug R who wrote (1508)1/10/1998 7:05:00 PM
From: ChrisJP  Read Replies (1) | Respond to of 2377
 
Thanks Doug,

Have you seen the charts at www.iqc.com ? If not, try them out and tell me what you think. The chart says that BOST may be in a down trend, and like you said may re-test 6. That's exactly why I thought the short covering was so interesting. Why cover when the stock was so obviously going down after a brief January effect ?

Please post what the "vet' says about BOST. It would be good to see how low is low. Jan short interest should be available in about 10 days.

Regards,
Chris

P.S. As a lurker, I have to side with Ivan regarding ORCL. Either one of you may be right, but why put money on something where this is good chance that there might be other shoes waiting to drop? Techs still have a ways to go before they are completely out of favor instead of perceived as opportunites for bargain hunting. Heck, CSCO and MSFT haven't even cracked yet (my gut feel is that CSCO's turn is about to happen). As for MSFT, I'm not gutzy enough to bet against them, but I sold back in July. ORCL ain't going up anytime soon, so why not wait and see if drops a little more. Just my thoughts.