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.

Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Gary Burton who wrote (38950)	3/4/1999 4:17:00 PM
From: Douglas V. Fant	Respond to of 95453

Gary, Along those lines I am becoming a believer in the Bollinger Bands. I watched the Bollinger band reading for MOB compress really tightly over the last two weeks into the "soon to move sharply" range either up or down- and sure enough MOB had a strong price move yesterday and today exploding on the upside....I need to go check the Bollinger band readings for all of the OS stocks we follow here. I'll post them after they are updated tonight.. If you want to hear Bollinger talk about Bollinger Bands and how they work go to his interview at audioinvestor.com

To: Gary Burton who wrote (38950)	3/4/1999 4:56:00 PM
From: Gary Burton	Read Replies (1) \| Respond to of 95453

re VTS--Well I'm not exactly jumping for joy yet folks, with a new cost base of 11.125. I looked at a whole slew of osx issues this afternoon. Relative to their 50dma, only VTS,RIG,FLC,IO and MRL peaked below it today. Of these, IO would have to rally approx 15% more,FLC and RIG 10% more and PDE and MRL less than 5%... Then there's VTS. It would need to rise 44% from here just to get back to the 50dma at 12.95, which the majority of osx issues have already passed! Allright already, we know about the breakeven qtrs coming up.Welcome to the club. Now do your thing and rally like everyone else. It's not like you have any financial risk.