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 : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?

To: SJ - Stephen who wrote (328)	4/1/1998 12:41:00 PM
From: James Strauss	Respond to of 13094

SJ: Here is a Short Interest Site: viwes.com As for trying to come up with retracement ratios, the general rule of thumb is 1/3 to 1/2 of the movement... By looking at Trendlines and variable Moving Averages you can get a sense where the next natural support areas are... I like to use a Fibonacci series of Moving Averages that create a Fanlike effect of support and resistance levels... The series I use for Moving Averages is: 13, 21, 34, 55, 89, and 144... I also use the standard 200 day MA... As for CAND, my 7 5/8 buy order hasn't executed yet... KKRO is a classic example of news driven price movement without much substance... Once investors stepped back, they realized that Iacocca, who knows very little about the restaurant biz, needs plenty of time to turn the company around... This one should be watched for possible entry after the profit takers have taken all they can take... Jim