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

To: ivan solotaroff who wrote (10966)	1/21/1998 9:28:00 AM
From: Dave H	Read Replies (1) \| Respond to of 79270

Hey Ivan, I think I'll be stalking BMC today too -- especially since it gets the "Ivan" cat stamp of approval. What is your take on MMGC? Shorting ABTX yesterday in the face of market strength was along the lines of DeMark's trading style of selling into strength, buying into weakness, which is what his sequential is supposed to help you discern. I figure that Doug's IL/ACT is much the same in terms of tools to discern low risk opportunities. We've seen it happen so many times. I was this close yesterday to shorting GE a day early on the sequential, since it is almost asssured completion today. But alas, I ran out of spherical things I guess! Most probably today. I'll use a stop-loss of something somewhere above the prior high which isn't very far away, so this is a low risk sell opportunity in my opinion. -dave