SI
SI
discoversearch

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 : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Art C. who wrote (7552)4/12/1998 8:14:00 PM
From: Chris  Respond to of 42787
 
hi art,

great to hear from you again.. as for internet stocks, boy -- they have performed well. as a technician -- the moves were "not unordinary in terms of following my signals". fundamentally, they might not seem logical but then again this whole market is overvalued -- but it still keeps on going <g>

i checked yahoo chart and the weekly chart is extremely strong. i think this is only the beginning of the move. i got a weekly strong buy around 3/6/98 @66. now yahoo @ 112.

thursday's big pop was a big one. i would expect a mild pullback/profit taking to the 9 day ema @ 99.. remember this 9 day ema RISES.. so that 99.xxx level rises with the 9 day ema..

hope it helps..