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.

Non-Tech : Trading IOMEGA based on technical analysis -- Ignore unavailable to you. Want to Upgrade?

To: Michael Coley who wrote (1350)	1/29/1998 5:41:00 PM
From: Jim Kay	Respond to of 1511

Michael... i agree got in yesterday... will stay in until hourly MACD turns down....

To: Michael Coley who wrote (1350)	1/29/1998 5:54:00 PM
From: Herb Fuller	Read Replies (1) \| Respond to of 1511

Michael , Re>>>Comments anyone?<<< Michel , I will try to explain my IOM candlestick reading of the last few days . IMO I have seen various bottom candlestick formations in IOM , two inverted black hammers a Doji, and today we confirmed the the formations with a white candle . There is a high probability that we have seen the low for this down trend . But after saying the above I will add that weekly and monthly patterns are more reliable than the daily patterns that I am trying to interpret . Herb

To: Michael Coley who wrote (1350)	1/30/1998 4:00:00 PM
From: Michael Coley	Read Replies (1) \| Respond to of 1511

RE: Bullish Price Action Again? It looks like yet another good day, closing very near the high and up a respectable 5% on decent volume. This is especially bullish considering that today is Friday. Many traders don't hold a position overnight, and even fewer hold positions over the weekend. Not having a selloff this afternoon is very encouraging. I've been hesitant to call it a trend, but I think we're seeing one develop here. This is the most strength I've seen in IOM in a long time. - Michael Coley - wwol.com