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Strategies & Market Trends : Candlestick Charting--The unknown indicator -- Ignore unavailable to you. Want to Upgrade?


To: PuddleGlum who wrote (1248)4/18/1998 6:08:00 PM
From: Broken_Clock  Read Replies (1) | Respond to of 1589
 
Steve & Steve...I like my chances with TDW. Here's the weekly.

inverted iqc.com with increasing volume at strong support. earnings this week i think



To: PuddleGlum who wrote (1248)4/18/1998 9:01:00 PM
From: MonsieurGonzo  Read Replies (1) | Respond to of 1589
 
PuddleGlum; RE:" EGRP "

>EGRP: An internet stock with a p/e of only 43. Sounds like
a gold mine !


Play the chart, man - don't fall in love with the damn things (^_^) What - you wanna get married or something? Buy deep in-the-money LEAPS on MSFT, GE, AN, PFE and DD and go play golf!

scalp that bitch with a 20 - 25 Bull Spread ...

webbindustries.com

...or just buy (way out) 20 or 25 strike CALLs and dump 'em when she jumps back near the option boundary or something.

>Anybody ready to buy puts on Big 3 auto stocks ?

Confirmation was Friday - maybe you can ride the momentum. I wouldn't be buying a PUT, though; just short the stock(s).

More interesting is the butterfly hanging offa XOI.X - take a look at XAL.X and you'll see what it will probably look like come Monday. Everything's been pushed up to/near their options boundaries, and I would be surprised if we broke DJIA 9200 MON-WED.

>TIMT: Weekly chart shows a hammer with confirmation, but I
dumped my call on Friday based on tweezers top (thanks for the
observation) and unhealthy OBV...


I hope you can re-enter at a better position. Metals will probably tank next week, too - take a look at AA, AL, RLM aluminium.

Good luck to you, man - earnings churnings continues.

-Steve