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 : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?

To: Tech Investor who wrote (4100)	1/25/1998 1:15:00 PM
From: TATRADER	Read Replies (1) \| Respond to of 7396

Tech investor, I may be chicken, but I would hold off on shorting NTKI....Yes you have reasons for shorting...Pring KST is weakening, and simple stochastic is turning down...ADX trend is weakening, sitting at 29 as of Friday...I guess, in getting burned too many times on trying to catch a stock at exactly the right moment of turnaround, I try to follow specific disciplines....(not easy to call momentum shifts if you are not on your computer 8 hours a day) Thus, I have opted for extremities in patterns...I would like to catch NTKI in the 26 or 27 area to short it, and then set my buy stop a bit higher if the pattern breaks...Top of old upward trendline at 27.50.... I don't have ONSL in my data base yet, but will put in, next time I download....Regards, Mark