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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Tim Luke who wrote (12005)2/4/1999 1:26:00 PM
From: Ernest Poe  Respond to of 90042
 
FDOT baby!



To: Tim Luke who wrote (12005)2/4/1999 1:29:00 PM
From: William S.  Read Replies (1) | Respond to of 90042
 
so thats what just caused csco to spike down, I'll hold for a while



To: Tim Luke who wrote (12005)2/4/1999 2:11:00 PM
From: Trevor Quest  Read Replies (2) | Respond to of 90042
 
Tim, thxs for heads up on CSCO. I am still holding.

I am short XYLN from 20. Looking at the chart since Dec 1st we have failed to close above 21 3/4 four times.

Dec 7th: 21 5/8
Jan 5th: 21 1/8
Jan 19: 21 1/4
Jan 26th 21 9/16

In those last three moves we never closed below 19. If we do so today IMO, we have a good chance of re-visiting high 17's which we did on Dec 14th, 4 trading days after Dec 7th top.

I know you like XYLN long term, but what do you think as a short term trade?

TQ