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.
Gold/Mining/Energy : GEAC.....Canadian best kept secret -- Ignore unavailable to you. Want to Upgrade?


To: CJS who wrote (283)5/6/1998 7:12:00 AM
From: robnhood  Respond to of 1571
 
CJS, IMHO, Geac, does not look good on the charts.

Baanf, and PSFT, are both getting kicked , Baanf off over $5 yesterday.

I think it is more the dirth of news then any specific reason. I have been trading it from the short side, covered half yesterday, waiting to see what unfolds today. To be truthfull, I thought it would break a lot lower yesterday then it did, was surprised at it's strength, but it's still below my breakdown on the chart.

To me $50, and then $47 come to me but I can change my mind in a heartbeat...

They are still printing it on downticks, supposedly not a bullish sign, BWDIK.

russell

PS:, I am sort of notorious for having a bearish tilt in my general trading..<g>

I thought the drop in the market generally would have more of an effect than it did, but on the other hand it refused to rally when the market did for the previous 4 OR 5 DAYS.( also not a bullish sign. again, all IMHO, and BWDIK



To: CJS who wrote (283)5/6/1998 5:25:00 PM
From: robnhood  Read Replies (1) | Respond to of 1571
 
CJS,

Covered today, took a hit on some of it. Sellers disappeared, and buyers showed up. Some rumours of something going on must be around, since it didn't look to good just before it did a very quick 180.

Good luck to you.

russell