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.
Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?


To: Thean who wrote (1266)7/22/1998 5:51:00 PM
From: drsvelte  Respond to of 14427
 
"Don't tell me you sold out today..."

Nope, I added to my short about a week ago. I think we will be rewarded for our patience!



To: Thean who wrote (1266)7/22/1998 8:56:00 PM
From: Shelia Jones  Respond to of 14427
 
Thean, I am stunned: This time I'm breaking all my rules and go for revenge. I know this is a dangerous move and against all I stood for but after seeing your being the lone bearer of SCTR for so long, I couldn't help but to join you in the righteous cause!

I am shocked. What are you men doing??? I may have to join you as we all had so much fun last time. ggg I am frightened of this stock - and I escaped. Something is keeping it up. Three that I trade in the telecoms: SBC, USW, and GTE have been doing well - and it may be contributing. However, they are due for a pullback - any time now. And SCTR seems to be stuck at overhead resistance.

You mentioned that in trading the oils:

In days like this morning when maximum panic occurs, it pays to study the intraday chart and see when and where people decide to reverse course.

I just started looking into this tonight. The few from today that I looked at all had a momentum cross above 0 (on the 5 minute chart)when the intraday rally occured. Is this an indicator you might use? If so, does it work on days other than those like today - as in if I used it on a slower day might I receive a false buy signal?

Thanks Thean - and my prayers are with you and Doc on your dangerous endeavor to bring down the evil tower.