Replies to post #25781 on The Black Box

[dieselfuel]

"we are VERY overbought short term."

So, there WAS a reason I should be feeling a little over euphoric about this market! : > )


We're overbought, but it can stay up there for quite awhile.

One thing I look for is, the FullSto to break down through the "80" line for a second time. That usually means we're going own for awhile. But not always.


Sometimes it does break the first time and keeps going down for awhile. I guess "more art than science". : > )

[wahz]

screw up the day(so far): this am I was trying to decide whether to add more xlnx or nvtl....i chose xlnx...nvtl has gone nuts

this is no time to have any sort of allegiance to any past favorites or turn around plays. IMHO, we are in an uptrend that has an extraordinarily high likelihood of taking the comp to ~2600 by fall. Grab the mo mo if you know how

the counter balance to this is that on my list of 100+ stocks,recent train wrecks like hlit, utsi, ostk, nvtl and now mrvc are actually doing quite well, but it is best to go with the flow at a time like this especially...i want to really encourage folks to do that