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 : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Dave H who wrote (17806)	5/30/1998 12:17:00 AM
From: Ocote	Read Replies (1) \| Respond to of 79515

Thanks for your read on CNCX and the other ideas. I'm definetely going to have to crack open the DeMark this weekend and head over to your thread. As far as the market in general, the 13 day RSI showed the first peak under 50...sometimes the final straw before the bigger drop, as is the first ROC 13 peak under 0. All intermediate term and long term stochs have broken downward. However, I've never personally experienced a long grinding downturn and that possibility has been mentioned by several on this thread. Keep tuned, as we all learn to improve our read of the situation. One thing is for sure, its better than the one-liner of the day in the media. Ocote

To: Dave H who wrote (17806)	6/2/1998 11:07:00 PM
From: Ocote	Read Replies (2) \| Respond to of 79515

Dave H-- I see SCIFX looks to go downward, but CNCX heading up. Go figure. Its all academic for me since I have no position in either. In others of mutual interest, FRAG finally broke down....after I lost patience. PILL is breaking down, and I remained patient. I joined Michael on CTYA, which finally appeared to begin to break down. MSPG pretended to rally and GTAX can't even pretend. AOL following formula. Two strong stocks I'm glad I'm holding long term(yes I am not just negative doomsdayer) are GPS and GNTX. Both made 52 week highs today. It's not common for me that both the Longs and Shorts cooperate on the same day. Ocote