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Strategies & Market Trends : The Rational Analyst -- Ignore unavailable to you. Want to Upgrade?


To: Scott H. Davis who wrote (481)3/20/1998 2:21:00 PM
From: HeyRainier  Respond to of 1720
 
[ TRIBY and QSound ]

Scott,

I was one of those taking profits today.

As for QSound, there's one more hurdle to clear in the $3.50 vicinity before the resistance is cleared out to open up the upward move to $4.00.

Rainier



To: Scott H. Davis who wrote (481)3/20/1998 2:39:00 PM
From: HeyRainier  Respond to of 1720
 
[ Discussion Links: Qsound ]

exchange2000.com

exchange2000.com

Rainier



To: Scott H. Davis who wrote (481)3/26/1998 1:33:00 AM
From: HeyRainier  Respond to of 1720
 
[ Stop Orders ]

Scott,

There are orders one can place that will be triggered after a certain price is reached. These kinds of orders are called Stop Orders. The two kinds, Buy Stops and Sell Stops, are each triggered when a previously specified price is hit for the stock.

So for example, if you knew that Ault's breakout would be confirmed when the price went to $6.50, you could place a Buy Stop for $6.50, and when the Ask finally bumps up to that level, your order will automatically trigger and get filled at the market price.

It's kind of the opposite of a standard Limit Order: when you place a limit order (to buy, for example), you usually set a price below the market price. When you're doing a Buy Stop, you're setting the price above the market price.

Good traders make use of it when possible. However, even some professional traders can't take advantage of this option because stocks that trade on the Nasdaq, as I understand it, can't be bought through such orders. Only stocks that trade on the NYSE can, as I understand it (someone correct me if I'm wrong).

I'll probably get a flurry of messages saying, "Yes, it can be done!" and I would welcome it, because it will educate me if someone tells me how. I do know that some of the internet brokerages (like E*Trade) can do it, but I'm assuming the Stop Orders must be internally triggered if they're to bypass that Nasdaq thing-a-majig that somehow prevents them from doing so.

Regards,

Rainier



To: Scott H. Davis who wrote (481)4/7/1998 2:26:00 AM
From: HeyRainier  Read Replies (1) | Respond to of 1720
 
[ Perle Systems UPDATE: Conference Call and Analysis ]

Here's the link:

Message 3982105

Regards,

Rainier



To: Scott H. Davis who wrote (481)4/8/1998 8:24:00 PM
From: HeyRainier  Read Replies (2) | Respond to of 1720
 
[ Ascending Triangle ]

Scott (where've you been?):

You know, there's an Ascending Triangle on your stock, ISIP:

members.aol.com

A breakout from that would coincide wonderfully with a breakout from its long term downtrend, and that 1-2 punch would just be grand...we are now waiting for a close above $16.00. It might hit the 30 DMA as a resting place before a possible takeoff.

Of course, these are all TA-based observations. We will need your expertise to make the Rational Analysis complete. You would know better than I about the fundamental characteristics of this situation. How do you rate it?

Regards,

Rainier