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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: Dr. Stoxx who wrote (2896)2/2/1999 9:08:00 AM
From: Caroline  Respond to of 39683
 
In the shorts I picked I'm only looking for short-term profit taking to support, then another run.

RL as a short: sure is make or break here. A break to $23 or lower is a sure sign it's going much lower.

CB



To: Dr. Stoxx who wrote (2896)2/2/1999 1:23:00 PM
From: Ken Adams  Read Replies (2) | Respond to of 39683
 
TC,

If at first you don't succeed... I finally got a fill in PCMS just a while ago. I watched it bounce off 9-1/8 and wander a bit. Put in a market order with ask at 9-5/16 and was filled immediately. Yesterday I was trying to get in at 9-1/2, so I'm happy with this turn of events.

Chart still looks OK to me and OBV is very strong. Stock trades nice volume daily. Lots of interest. I think it could see 12 or better in short order. I'd like a 20% gainer right now.

Ken



To: Dr. Stoxx who wrote (2896)2/8/1999 6:50:00 AM
From: Dr. Stoxx  Read Replies (2) | Respond to of 39683
 
BTTT is moderately bearish on the general markets, especially the tech sector, over the next 3 to 6 weeks. So let's keep our eyes out for shorting opp's. According to BTTT signals, this means stocks in a midterm downtrend, that have recently corrected. But we should also keep our eyes on those (like DELL, the internets, the online brokers, etc.) that have had a strong runup to now.

FYI: <<http://dailynews.yahoo.com/headlines/bs/story.html?s=v/nm/19990208/bs/stocks_1429.html>>

TC.