veloman
10 posts
msg #41003
- Ignore veloman |
2/6/2006 2:53:25 AM
"Since DMA 28 can predict the future, why doesn't someone run a scan to see if any terrorists are going to bomb any pipelines or not?"
rotflmao
I saved a few charts of stocks from a month ago, and guess what? The DMA 28,-14 has moved from the point it was at. Not much better than a moving average.
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nikoschopen
2,824 posts
msg #41017
- Ignore nikoschopen |
2/6/2006 2:52:49 PM
Back down we go à la fat IPod lane.
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nikoschopen
2,824 posts
msg #41020
- Ignore nikoschopen |
2/6/2006 3:22:34 PM
It would be an insult to the average trader's intelligence, but GOOG looks like it's planning another dead cat bounce up to $400. Well, who sez those who do not learn from history are destined to repeat the same mistake? Moi.
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yepher
359 posts
msg #41045
- Ignore yepher |
2/7/2006 12:12:03 AM
nikoschopen,
I can believe Google might tag $400 to test resistance again. If history is repeated Google should be in a narrow channel for the next 3 month and than move up for two months and than sideways for 5 months etc etc.
I personally don't believe that up is in Googles near future. I am looking at a price target of ~$303 in the short term. Atleast to fill the gap from 10/21/2005. This estimate is a little larger than the drop that happened last Feb but I feel the tech sector is a little more uncertantity right now. Yahoo, Google, Nokia, and Apple (to name a few) are all feeling the weight of these concerns.
My $.02
-- Yepher
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nikoschopen
2,824 posts
msg #41048
- Ignore nikoschopen |
2/7/2006 1:41:13 AM
Yepher,
What I meant by history repeating itself (or the lack thereof) is the irrational belief that Google would advance forever once fostered by the eternal optimists. Should Google bounce back up to $400, don't be a naive fool to think "it just might be different this time." But, then again, it was the gullible amongst us that led to the buying frenzy in the first place.
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nikoschopen
2,824 posts
msg #41065
- Ignore nikoschopen |
2/7/2006 2:24:10 PM
Can we finally rubberstamp anything and everything relating to oil with my favorite four-letter word? I just can't hold back my tears as I see them fall on their ass.
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nikoschopen
2,824 posts
msg #41067
- Ignore nikoschopen |
2/7/2006 2:45:24 PM
When was the last time you had a really good doughnut only to puke right back up when you saw the company's chart? Needless to say, Krispy-without-the-Kreme comes to mind. It has made a nice leap within the past 2 weeks, breaking above its 4-month high. A person of infinite wisdom, who got burned once & now twice indifferent, I consider this not worth an ounce of salt. At any rate, the curtain seems to be coming down on that 2-week rally.
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yepher
359 posts
msg #41077
- Ignore yepher |
2/7/2006 10:48:37 PM
nikoschopen,
At a quick glance for oil and energy maybe have a look at
STP - SUNTECH POWER HOLDINGS CO LTD
VLO - VALERO ENERGY CORP NEW
OIH - Oil Service HOLDRS
-- Yepher
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nikoschopen
2,824 posts
msg #41083
- Ignore nikoschopen |
2/8/2006 2:59:40 AM
Yepher,
Aside from STP, which has been trading for less than 3 months, VLO and OIH will likely face some turbulence ahead -- unless Iran snubs its nose at the international community (again!). Perhaps just another poorly disguised 2-cents of mine.
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nikoschopen
2,824 posts
msg #41333
- Ignore nikoschopen |
2/18/2006 7:16:10 PM
Now that AAPL crept back up to its neckline, is it time to go short (again)? BTW has any brave soul followed my advice from 2/4 post and shorted this sucker?
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