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 : Technical Analysis- Indicators & Systems -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (3168)	9/20/1998 8:46:00 PM
From: Doug R	Read Replies (1) \| Respond to of 3325

Bill, AMAT--little technical visibility for the long-term (9 mos or more). Short-term (3 mos. and less)--will attempt to stabilize...ranging from 23 to 34. Tomorrow--up. This week--a move to 30 1/2 is quite possible if it gets past 24 1/4 by Tuesday. ARC--Long-term volatile at first with a sharp up move followed by nearly as sharp of a pullback. (based on current profile of the 89 dMA/MLR) $73 to 75 area will likely be key as next summer begins with a possible target of $90 in 10 mos. Short-term--a slight pullback is in order. Watch for an inverted head and shoulders formed in a week or two (it's set to put in the right shoulder now). The breakout from that will lead to the sharp move up. Tomorrow--a signal by one of my little doodads (the inverted 3 dRSI trick) says it's a good short back to 62 or 63 this week. CS--Long-term it still has a lot of technical work to do. Should be a good trader for a while. An up day tomorrow would make it a candidate for the 3 dRSI trick (the non-inverted kind) which would signal a buy by the end of the week for a 2 to 4 day trade. MMM--What a mess. Strength may be beginning to build but I'll pass on it. Tomorrow--Up until the close where it will end up close to unch. PG--Short it into strength (if it can muster any). Well, I really have to get back to my thread now. I think I've got about 15 or 20 requests over there. I'll see if I can get to the rest of yours soon. What's your take on these guys? Doug R * Proprietary stuff...too easily discounted for public consumption.