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Technology Stocks : Open Market (OMKT) -- Ignore unavailable to you. Want to Upgrade?


To: steve poon who wrote (1543)5/14/1999 4:21:00 PM
From: Trey McAtee  Read Replies (1) | Respond to of 2004
 
steve--

me too for the most part, though much of it was risk managed. i kind of had a feeling the eco reports wouldnt be all that good. but still... i had no idea how badly everyone would overreact.

on a lighter note, the short term (1-2 days) formation has completed. the jump can begin anytime on monday after around 10:00am. its unbelievable how well everything lines up on the chart. we should see 1.25 to 1.75 on the initial move, then followup into tuesday of another point or so, maybe more depending on any news.

good luck to all,
trey




To: steve poon who wrote (1543)5/17/1999 11:19:00 AM
From: Mark Konrad  Read Replies (1) | Respond to of 2004
 
OMKT chart stochastics (15-5-5) just turned positive today from very low levels. The last time this happened, OMKT began a move to 16-17. IMO, there is little downside risk at 12.50-13.00. This looks good---MK---