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 : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (2068)	12/16/1998 11:37:00 AM
From: Debra Orlow	Read Replies (2) \| Respond to of 99985

John, did play CSCO this am went it showed bearish diverg on the 5-minute. I don't see a pretty diverg on the dailies, so I just played it for a buck + 1/2. I'm out of it now. It's high was 85, good call on your part. I don't like the diverg on the daily however. But that is just me, and WDIK. Also went short ANN when I mentioned it the other day. Watching my position carefully. Also, JBL and SLR are pretty interesting. Both went up very big yesterday, I had been watching both for a short due to diverg in the daily. Had played SANM in early Dec (all 3 in same group). SANM is wacky, have to have nimble fingers on that one (or a strong stomach). SLR has been showing heavy distribution for the last few weeks, while the price continued to move up. Unfortunately, I didn't play these, due to earnings being out this week (they both blew away the estimates). The FA can really screw up the TA in this type of example, so I just stand aside when I see the earnings coming up. Just watching the indices for diverg......and then I play my faves if diverg occurs. A few that are setting up nicely on the dailies are EDS, ORCL, PGNS. All for shorts. Not there yet, but I am watching. Debra