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tomorrow it's a virtual Friday !!!
nt CHART looks shity and better... it all depends from where you're looking...
I appreciate the Admiral's propagandistic efforts.
It only bothers me the 'why' or better said ... in 'who's' interest - us? ... or helping the big money to dump and recuperate? It makes a huge difference. If it's not for the big bullies, then investors are fine. Impossible to tell.
I'm afraid (and sadly rightfully so) that in spite of people thinking they've seen the worst, we'll be served some PRs that will stun us. Not necessarily BK , but next 'best' thing(s) to it...
The 4 (zone) level became a huge resistance IMO. I find it interesting to watch the 'fighting' on this level. Bear in mind that it was a huge support. If price goes higher, 4 will not be so strong of a support next time around, unless it will hold a test. If fails the test and penetrates again bellow, it then will be even a stronger resistance.
cheers
sage, I appreciate
your thoughts are cool
I look over many charts but I can't break that record of yours
Just my head..
I'm working on a system right now with the goal of killing the emotions both ways (winning or losing). So far the emotions were killing me. Working on the revenge LOL.
I managed to set few buying/selling situations but have yet to refine and define negative expectations - tolerance of hostile moves that still holds 'it' (the 'plan'). It will take some time as I have to gaze over many charts and agree on things.
Apparently (and hopefully) the system should have one of the lowest risks there is, albeit nothing is 100% sure. It should be very simple but, ... relies on right interpretation of bars which is ... complex and messing the things up.
It got me in CSCO's recent bottom, but I got shaken 2 times LOL, hence the tolerance angle I desperately need to finish setting up. I took the idea from readings but I added some of my own discoveries.
I yet have to finish it and then start mastering (I hope)
re: BB
you may know that mid BB is a significant support or resistance. Contrary to the popular belief, my observation is that the outer lines bear no significance whatsoever.
The little BB has the same middle line. Then what is left are the outer lines, which seems to be significant and offer support and resistance. Open few charts. You'll notice that the price tends to stumble on its outer lines. A good play would be in a strong trend to buy the first pull back to this line.
I find it rather cool, but of course, do not trade on this alone...or 'they'll' rob you blind.
cheers
Dart, nothing personal - you left truth behind...
At best you're selective in "reading"
Objectivity and cool head? Who's that? yuck
I'm no bull
I'm no bear
I don't give a damn
1st) I care NOT to lose to the market (the 'specialists')
2nd) TRY to make a buck
that's all it is to it
Hanging around here? shesh...I hardly !
JMFO -> NT lower
p.s. I thought I won't be attacked in here @%@*
I was wrong
It was just a matter of time
It's all the same
gy, sorry, but it just doesn't sound logic
... hundreds of millions of US dollars .... 'bonuses'...on "stupidity and ineptness"?
nah
can't buy that, nor the investigators
nobody gets hundreds of millions innocently on stupidity
nobody
don't kid yourself
As for the $12 "target"... it is not a promise. The price doesn't have to do anything !
I think a higher PPS was quite possible, but now the market may just ... cool down , with probably one last gasp, dragging down all the ships, and I don't see this winning the uphill for some time to come.
It may get to 12, but the question is where will get first, to 12 or to 2.
cheers
gy, the "hold" is the jargon for ...that's right...
SELL rating
as would be "reduce"
RARELY if ever you'll see a SELL rec. The reason is that 'they' need the (bag) holders to hold...
"As of 6/2/2004 the Argus Rating on NORTEL NETWORKS CORP NEW was HOLD.
........
until the SEC provides
clear indications that the matters under investigation do not reflect criminal activity, we believe a
HOLD posture is prudent."
-------------------
also - I noticed a marked increased attention in analysts' reference to Nortel lately. Hmmm...
Important, but it's worthy to note that they are not optimistic...
... and I see that as a cumulative informed sentiment.... pointing to ... downtown...
None of them opinion givers were chartists or technical analysts!!!!!
The last one was a technical advisor that gave no opinion and cared about the chart only, and he mentioned that the price is channeling at a support level which (from last drop) may last 1-2 months....until another batch of .... news...
I'd say we're almost there...
cheers
Sage, I noticed you like BB
Here's an interesting idea of a double BB and the set of it :
cheers
what a beautiful squeeze day this was...
It was a nice set up too. The talk was bearish everywhere for quite a while..., then 250k jobs was gonna be bad..., then the charts were as bearish as can be...... and then....... 250K....and then the shorts get THIS....LOL
No, I was not short, but man, what a rigged thing this was and I'm not talking about one day here !
Like Ben says - a relief...
Were the shorts right? I think they were... but the weak ones are screwed ...and (shaken) out...
I place my bet for a bottom - yet to come - right after the middle of the month.
What are my chances?
cheers
p.s. talked about equity markets in general
sage, interesting to know more about it from a full user like yourself.
nice
Re: annotate - although I admit I long thought about it to ask or not, time passed and I didn't. I wouldn't bother to ask you about annotate as I have to play with it which I can't. So no worry.
I do use some of their free features. One day I may subscribe to them who knows. They are good. I'm with BigCharts and the analyzer chart for now. They don't have yet the intraday beyond 10 days. That's a really helping option for interpretations and for study, although not critical.
FACT: the classics had no computer, nor much of a charting service, yet they were almost unbeatable. There.
So must be something else beyond these 'toys' that leads to success in trading.
For one, based on some facts I believe that God also helped them along.
To me God is hostile. Don't know why, can't figure it out either. It's just the way it is for almost 2 years now. He used to love me and saved me from holes and even saved my life from dying or getting killed few times!!! Quite some stories. But now I feel alone.
I figured out a little about the charts, but I need to get a break from the master.
Until then I'm a nothing.
cheers
p.s. sorry for the sad note, but I spoke the truth
Ben, that's an interesting angle
... 2 weeks restatement PR => leg down
... 2 weeks restatement PR => leg down
... 2 weeks restatement PR => leg down
... and so on and on
how many legs???? more than an octopus????
????? bottom
cheers
let's see
let's open tomorrow at ~3.7 and then go to ~3.5
what are the odds?
cheers
next step would be to implant a spy chip in our heads
...try to get your every moan and thought...
They should do that to Osama family, and alike
Tag them like wild animals
Possible to make it a requirement in the future for (some) aliens for granting visa entry/stay.
cheers
if tomorrow NT losses PPS...
hold on for a little stroll to downtown
NT theoretically have a technical bottom above 3.01 . However, in reality there is no bottom for NT in spite of all hopes...not even 0.43
And that's because PR ( Poison Release... )
I bet we don't know the half of it...yet.
cheers
sage, thanks for the charts
Two points:
1) why the 5 and 7 day chart, not that I'm against it.
Is the limit on 15 min the 20 day? Like no 30,40,3months? (as I was hoping, since it's in hourly)
2) just curious - what is that "Beta version" about. Are you a paid subscriber, or is this a trial free (Beta) thing.
"There's no Gann lines in the beta version of sharpcharts, unless you hold a protractor against your monitor screen."
I find this charting one of the best around. A long time ago I sent to them few cool suggestions for improvements, but unfortunately it wasn't followed (yet). I found unprofessional the fact that I even didn't get a e-statement from them regarding the suggestions, not even a standard reply. That showed me they are (too) confident in themselves that no improvement should be made or needed. LOL
One of them was an option for an adjustable empty chart space forward, so I can dislocate and project forward. Another one would be a readable point on hand drawn line(s). Not big deal this one since I can point and read the value, but I definitely would LOVE a read of the angle on the line I draw and/or when is highlighted.
Maybe you can put in a suggestion. Maybe they'll listen this time. We should always think of improvements and suggest them.
cheers
that you Ben ? (in the picture) /e
sage, thanks for the charts
Maybe you could post (once) a 15 min- 20,30,and 40day, and 3mon, with BB, Ema 10,20,50, and some indicators like Stochastic, PPO, RSI
and one monthly 5 and 10 yrs
........
PPO contraction means less volatility, and possible burst of volatility ahead. It's up to us to figure out which way..
Now some elements suggest that NT looks overbought. Sold out my NT Tue and wait to see the reaction...
Too much fog to see clear LOL.
If this doesn't rise over 5.8 US in a forceful manner...
...nasty prices coming up.
Looking to a long term... the $2 feeling is sticking around. It still looks that it "wants" there.
This week and then, this month may hold some answers with regard to chart outlook. Like always... got to wait and wait.
The 'markets' are looking to crash IMO. We may have a rapid drop with good bargains thereafter. The election year holds things up for now, and may actually prevent the (summer) crash.
Keeping some free cash could be worthwhile!
cheers
sage, by any chance
do those charts offer Gann
lines and/or levels?
cheers
sage, agree, things don't look great
NOT just charts...
however, the weekly NT chart to me has a bullish outlook (LOL)...
... providing it holds the gains ...
If it gives it back ... the roller coaster is on the roll and over the hill again...
I bought (and hold LOL) a little piece few days back (wife insisted). It is pure gambling but somehow it feels worse than gambling.
Can't say why..
My feeling is that we stand a serious chance to see at least one more sickening plunge before this stabilizes.
I see BK as a REAL option and reality. Manley is good news. However, it looks screwy. It looks desperate !!!
People think all ok because Manley accepted the position. I don't think so. If it gets ugly, Manley still remains clean as he was not involved in the problems.
This really can go to $1 and lower. I have no doubts.
Is the Admiral working on it ?..
EDC won't trust him with the money, eh.............(short leash)
cheers
do NOT confuse the 2... Manley & your money back !...
The submarine driver and the pirate gang, and now Manley,...
...they care about themselves, and about the big boys, and maybe , let's hope, about the company survival.
that's 1 (one ) thing
They do NOT care about us, the retail little investors... aka the bag holders...
As a matter of fact, the little investor may have to bleed more ... for their objectives to be reached.
If you want to know who really cares about your money... look into a mirror...
So yes, while Manley wants the best (for NT), it does not mean no dilution of shares, RS and other "needed" measures....
.... and nobody could blame him...LOL...not now...no matter how nasty the actions...
cheers
p.s. otherwise , the price action looks good (but it may be a bait/ set up if what I said above is correct)
Desperate emergency act, but a good act,
better than the submarine driver (admiral).
It's a looking forward move. NT looks to be badly needing the tax payers money (on top of the investors' LOL).
It may guarantee that we'll have NT around ... one way or the other.
Business Wire - May 26, 2004 13:53
"-- Nortel Networks Corporation (NYSE:NT)(TSX:NT) announced today that the Hon. John Manley, Former Deputy Prime Minister of Canada, has been appointed to the Company's Board of Directors.
...........
Mr. Manley was also appointed today to serve as a Director of Nortel Networks Limited, the principal operating subsidiary of Nortel Networks Corporation"
http://www.amtdrt.inlumen.com/bin/story?StoryId=CqlqwqbKbmtq3yJq0odm
cheers
p.s. last I knew about this guy (quite recently) he moved to West coast in Vancouver
RB was terrible. Now RB is totally down. /e
Ben, my reading between the lines
(I think I was OK so far, LOL)
"Nortel could soon be in default of a $326 million guarantee by Export Development Canada (EDC), which recently granted a temporary waiver to allow the outfit the time to prepare audited financials on the state of its business. Come May 29, that waiver expires -- and Nortel has stated it won't be ready to produce key financial documents by that date..."
>>> "temporary" was a forced move on EDC. They had no choice. But it also left a door open to get something (if anything) back into the coffers...
"Both sides are in negotiation, and an EDC spokeswoman says Nortel will likely make some announcement on the status of the waiver on or before May 29.
A spokeswoman for Nortel confirmed that it's in discussions with EDC, but she declined to comment on the possibility of default triggered by EDC or bondholders. "
>>> negotiations = real trouble (and default likelihood)!!!
"Then holders of other bonds could also demand payment with only 10 days notice.
>>> thing can get in a panic mode !
"As of Dec. 31, 2003, Nortel had long-term debt of $3.9 billion. Problem is, it now has just $3.6 billion in cash on its books. "
>>> REAL Bankruptcy situation - NOT fantasy
>>> cash crunch
" If default is triggered by bondholders and the payment clock starts, Nortel could face the risk of bankruptcy, analysts say. "It's not likely," Levy explains, "but it's still a bothersome-enough possibility." Nortel declined to comment on such a risk."
>>> BK situation DOES exist and NT can't afford to keep lying now like they could've in other times... so they chose the next best thing which is keeping quiet... to the uninformed little guys' peril
"Nortel clearly has enough cash to pay off its smaller bonds. But in the unlikely event that it's pushed to pay off its entire debt, it would have to find other sources of liquidity. One option would be to sell assets -- anything other than core assets, such as its wireless and IP operations, which are showing strong performance.
Or Nortel could sell up to $3 billion in preferred stock. That would be dilutive to stockholders, but it would stave off more dire consequences while simultaneously satisfying bondholders. But all in all, it's a tactic investors want Nortel to avoid at all costs."
>>> the talking about liquidity intensifies !!! Diluting the stock to get money for debt payments seems HIGH SKY likely IMO.
...then later on, RS to get the PPS above a needed level...
The little guys and Canadians' (Pension Funds) will get fvucked BIG TIME.
Feel free to mark this post for further reference (my remarks that is).
cheers
sage, to go to January highs
Well, unfortunately I bet we DO NOT see again January highs in 2004.
Too many things work against it.
Even the chart leaves room to such view.
I'd be encouraged (and bullish) if we don't go back (down) too hard in 2004 (close).
Some individual companies are a different story.
NT? No telling just yet. The main thing is if they don't go BK, because if they don't ... we have a game.
Funny thing is that people thought it to go BK at $1, while the real danger is now while ... 3-4 times higher.
I believe everyone (government/institutions/creditors) is scrambling to get back (save) as much as possible from their investments.
Note that NT way under performed the happy markets yesterday ...
I'm sorry if I sound bearish. It is not intended. I try to stay unemotional and objective - no hype, no bash, just personal feelings as things progress.
cheers
p.s. the competition is running (!) :
http://www.amtdrt.inlumen.com/bin/story?StoryId=CqlqwqbKbmtq3yJqWodm
gy, unfortunately your last remark is valid
And thinking of it... if it take place...
...the market will be a sickening roller coaster
Election years were always good for the markets, but I think we're facing a challenging one.
----------
Also I think that as long as George is in charge the oil and gas will stay High... and even higher.
If he gets MF Osama (not necessarily alive) before election, he (and the markets) could get a big boost.
Maybe the bad guy is kept on ice, who knows.
cheers
guy, if things would be that easy...everybody would be rich
Fact: Analysts are coming in flavors...
... you will always find bulls
... you will always find bears
the only difference is the size
sometimes the bulls are the majority, other times the bears
I think we must listen to them all , as each offers a little piece of the puzzle.
No one knows it all !!!
cheers
Gytheon, the logo must be from a site
NOT from your computer
Then, RIGHT click on it, chose properties, copy paste the address from inside the window, then...
cut away the "http://" and insert it as Ben said... as a chart
[c hart]your address[/c hart]
(Thake space away = c hart must be chart)
It must work
cheers
sage, thanks for the neat charts
this really helps me in my research.
The 20 day one is really cool (for me). Too bad I couldn't get the EMA 900 one, but that's not so critical. There is another chart (provider) that has it but wouldn't be the same as in a long chart. ... I'll survive, LOL.
I'm very happy with it as it is.
I observed that the 20 day does divides days individually (on this time scale). That really was needed!
You "scared" me there for a moment with that 15 day limit in previous post.
many thanks sage
cheers
The 'boss' is deciding what to do...
IMPOSSIBLE to tell right now !!!!!!!!!!!! (chart says dead water and thin ice...)
It can rise to 3.7x. If it does AND stay there... we may have a tentative (technical) bottom.
Other than that ..... more roller coaster fun...
Could 2.2 - 2.5 be a next buying op?
I even envision 1.8 (oh no, not tomorrow but nor far off either)
Trouble is, that if it indeed plunges that much... drifter would be right...and a lot of negative momentum may press this to the 'bad lands'...where few (investors) survive
cheers
Pricing Pressure Continues to Build in Next-Gen Wireless
Equipment Markets,
PR Newswire - May 24, 2004 15:30
Heavy Reading Report Cites Carrier Consolidation and Standardization as Key Factors in the Price Squeeze on 3G Base Stations and Other Gear
NEW YORK, May 24, 2004 /PRNewswire via COMTEX/ -- Makers of critical infrastructure equipment for next-generation wireless services are under mounting pressure to cut their prices to attract new customers, according to a major new report released today by Heavy Reading (http://www.heavyreading.com), the market research division of Light Reading Inc.
The report, "Next-Generation Wireless Infrastructure: A Heavy Reading Competitive Analysis," evaluates vendor products and strategies in 14 key next-gen wireless market segments, including base stations, controllers, microcells and picocells, and other equipment deployed in third-generation (3G) wireless networks. The report includes in-depth, feature-by-feature analyses of nearly 150 different products from 34 manufacturers, including industry leaders Cisco Systems (Nasdaq: CSCO), Ericsson (Nasdaq: ERICY), Motorola (NYSE: MOT), and Nortel Networks (NYSE/Toronto: NT).
Prices for some 3G wireless equipment have dropped up to 60% in the past 12 to 24 months, notes Heavy Reading analyst Tim Kridel, who authored the 82-page report. "If anything, vendors will be under more pressure to slash equipment prices [in the future]," Kridel notes. "One reason is that mergers, such as Cingular Wireless's pending acquisition of AT&T Wireless, are creating more 'super-operators,' whose scale gives them enormous bargaining power."
The good news for equipment makers is that carriers are starting to spend more on 3G equipment. Even carriers that already have major 3G deployments will be increasing spending to make up for significant gaps in their coverage areas, Kridel says.
Other key report findings include:
Microcells and picocells are a significant growth area in wireless, but few vendors offer those products today. Microcells and picocells give carriers a low-cost way to plug small but potentially costly holes in their network coverage areas. Equipment makers that don't get into the microcell market will be missing out on a prime growth opportunity.
3G wireless remains the industry's best upgrade option. Although technologies such as WiMAX and 802.11 potentially offer more bandwidth, those options are years away from being deployable in significant scale in carrier networks. 3G technologies such as CDMA, GSM, and GPRS are available now and are proven to be carrier-class.
Vendors from China are making aggressive moves to become global players. UTStarcom has made several key acquisitions in the CDMA market, while ZTE is now expanding manufacturing operations in Brazil, India, Pakistan, and Russia.
----------------
The bold lines are NOT a bullish picture !!!
cheers
sage, thanks
COOL
............
Not a biggie, but you forgot I wanted RSI 1st, as it is a "big talker".
Could you put just one time a 5 minute 15/20/30/40 days , NO Bollinger,
but with RSI, MACD, DMI, OBV (or A/D, but not both), EMA 20,55,100,300,500,900
(I don't see why not, but if bigger EMAs like 900 won't display just eliminate it)
I know ... the candles are cramped, but I'm OK with that.
thanks again
cheers
sage, thanks for the beautiful charts
few points:
1. historically I meant if you could possibly chose a (any) 20 day hourly window from the past, say ... the bottom of NT in October 2001 (in one 20 day screen). Is it possible?
This would be a great tool for studying patterns on particular stocks in key situations.
2. Thank you for arranging indicators the way I'm used
For studying purposes I need to save the screens on the computer (once in a while).
While I'm glad and thankful to have as many indicators, it rises space and display problems (for me at least). It is also because the way the chart is presented by the site.
As such I'd have to give up on 2 indicators (upper ones). I appreciate stoch (I'd use 14,5,2), but in intraday is not as worthy as in a daily bar, so I'd opt for DMI which I'm studying a bit. I think all indicators must be together on one side for better see/compare them (bellow or above chart). I'm used to see them bellow (not critical though).
3. I'd like if you don't mind to post once more a 20, 30, 40, and 60 day hourly chart either NT or CSCO, and I'd like to use my set of EMA 6, 10, 26, 55 and 100 (instead of the standard 5,10,20, 50) - at least once
After that I think a 20 day is the proper scale for best view - due to display limitations.
4. is it possible to have vertical dotted lines separating days? (the other chart had it so) It will greatly help (at times I'm getting dizzy trying to see which candle goes where)
Yours still separate in weeks which is not bad.
I'm thinking of the faster 15 min chart, but I'm not settled yet on that.
thank you sage
Canadian Pension Plans are holding the bag?
http://moneycentral.msn.com/investor/invsub/ownership/ownership.asp?Symbol=NT
switch and router market share :
CIBC notes that industry research firm Dell Oro released Q1 market share stats for Ethernet switching and core/edge routers. The Layer 2/Layer 3 data is of importance to CSCO, FDRY, EXTR, and NT. The router data is important to CSCO, JNPR and RBAK. CSCO extended its dominating lead in the L2/L3 Ethernet switch market. Within the total Ethernet switch market, it comprised 73.6% of the $3.05 bln market. This is a 520 bp increase in market share and the highest share ever. RDWR's share in the total Layer 4-7 "fixed" market rose 80 bps to 18.9%. NT's Layer 4-7 market share fell 230 bps to 17.9%. The total core router market grew 6.9% sequentially. CSCO and JNPR continue to dominate this market with a combined market share over 90%. JNPR gained share in the core and mid-range and CSCO gained share at the edge.
Chicago, what do you mean
by
"how far away I am from following the markets"?
Like in not being able to watch the computer?
then
"around 15%"
is that 15% from/of what? Invested capital, support level, last seen level?
cheers
"high"lights (speaking of an oxymoron)
"Nortel's shares are certainly flirting with danger. And some signs indicate that Nortel may soon face more problems.
Calculations by Peter Hofstra, senior investment analyst for AIC funds, show that only about 5 cents of the 17 cents in earnings per share (EPS) that Nortel posted for 2003 came from operations. That would be a highly unusually ratio for a capital-intensive telecom-equipment supplier. Hofstra believes some of the rest of the earnings came from asset sales. "
"customer defections may become a problem, forcing it to turn to more asset sales. If it's already relying on asset sales for the bulk of earnings, its back could be against the wall."
Note that 25% is ...doable...
"If holders of more than 25% of its debt were to file a notice of noncompliance and if Nortel fails to file its restated financials within 90 days, its creditors could ask it to pay its debt. That would eat up Nortel's $3.7 billion in cash and equivalents on hand."
Especially note the underlined (last) paragraph!
"The likelihood of such a notice being filed is increasing, judging by the falling price of Nortel's debt. .........For now, the price declines aren't precipitous."
"Moody's Investors Service has already issued a warning that it may downgrade the debt, all of which already carries a junk rating."
Defecting talk...
"Nortel's customers may be considering turning elsewhere to rivals such as Lucent (LU), Nokia (NOK), or Cisco (CSCO). "Service providers look upon suppliers as strategic partners, and they look for stability, integrity, and focus"
"Nortel faces a perilous time. "Investors are betting that it's not a big deal"
I like the finale.....
"Kagan likens what sometimes happens in accounting scandals with the movie Jaws: Just when you think it's safe to step into the water, something bites you again. "
The bounces while beautiful may be just technical
cheers
Nunavut, that sounds ... screwy
and really bearish !!!
Wherever is the biggest crowd of little guys on margin use - the price will go ... against them !!!
Now it all depends:
If a lot of shorters are maxed on margin ... the price will rise ... at fast clip
I doubt it.
rather...
If a lot of longs are maxed on margin ... the price will plummet to.... 1o ¢ under.... geez incredible
Whatever the case, I don't like it this way. It just cut into peoples' buying power...........leading to.....less volume...less activity !!!
Now they really may think of RS....after another serious plunge with no parachute
cheers
Chicago, what criteria do you use for stops?
TIA
cheers
Sage, thanks for the charts
don't worry about them not posting properly - since you offered the links.
I paste the links and got the charts. Really cool.
I forgot to mention that I want them in 'linear scale', but luckily it seems that that's what it is. In linear scale distances are more realistic.
I find 'price by volume' a totally useless indicator, but diverting/obstructing the price picture. And visualizing the price action is my main thing. Just leave it out next time.
EMAs and the BB are also cluttering , but they're quite useful.
I don't see much use/help for CMF in hourly charts. We'd be better off with full stoch and/or DMI.
I don't know about A/D. Didn't use it much. It looks much like the OBV. Put them side by side and you'll see that. I found closest to reality OBV in 5 min (to confirm a price move), but even that can be faked LOL. If OBV 5 min matches hourly OBV, then chances are very high the readings are for real. However, since values bear no importance whatsoever, you must look over long periods. Lately I hardly use OBV. I however like to monitor OBV progress in a 6 month daily chart with regard to immediate bias. It can hardly be faked.
A minor request, if you can switch RSI with W%R, so RSI comes right under chart. That's how I set my charts. RSI being the best indicator, followed closely by W%R.
This hourly chart is good only for swings and must be monitored constantly. That's one of the charts I monitor during a day.
Problem is, ... you need to let two hours to pass by so you'd make sure is not a shaker when things turn around. Inside 2 hours many ugly things can happen. Just look at today as an example. I left the hose (had to LOL) in a full blown rally, just to come back a little later and see a red market.
Speaking of NT, it held good and had 2 strong days (15% gain from yesterday bottom !), but the chart is still not bullish...
Whoever had the guts and gambled should take it and wait a bit in cash. That's what I would do. The options suggest $4 by Friday, but the chart doesn't 'like' that.
Same for CSCO, where it should be around $23 and it is barely above $21.
The charts and the actions suggest a massive drop (or slide) in the markets from where we are. Will it happen? Don't know.
cheers
p.s. I'm happy as it is.
But here's two questions: is hourly 20 days a max period? Can you chose an historical period from the past for hourly?
It would be great for studying few key points from the past - i.e. pre-crash periods, absolute tops.
Just curious
Chicago, Israel is a bold unique name
it gets imprinted in memory easily.
I think you are right.
Not sure if it's a repeat or new, but I do recall it.
Maybe it was approved now (helping PR department)?
BTW, Hi-tech industry heavy weights like Intel invested big in Israel (to the max of possible intellectual employment!!!), which paid off. They knew what they were doing. Lots of real brain power there. The only serious technologic advancement for them came from there. It was meant for a specialized line, but apparently it will become a next standard/generation. I think it is connected to networking and wireless as well.
I get the feeling that soon I'll have to replace my computers once again LOL. It just keeps going and going...
cheers
Ben, does this board has an ignore button?
TIA
chicago, it should be mandatory
for 'them' to state how much they own at the time of the comment.
"Lowy, who owns the stock and rates it a "buy"
Say someone has 100 mil shares is one thing, as opposed to 50 thousand, just to be able to say "I own" and rate it a "credible" buy (he owns it,... right?), so gullible new buyers to come .... for peers in the 'industry' to be able to dump...and recover some of the losses...
'They' , the 'specialists' are hand in hand...
typical