Newsgroup: it.economia.borsa.estero
Titolo: LNUX resta strong

x chi ha tempo e voglia di tradurselo: in ogni caso Noble (analista
dilettante ma esperto di Linux) sostiene che in base agli indicatori Linux
resta impostata bene graficamente; secondo lui gli indicatori di lungo
periodo devono scaricare ancora un po' di ipercomprato
(io sinceramente non sono ruscito a vederlo, ma ci credo: ma a quanto dovrei
settare gli stocastici e l'rsi x vedere gli indicatori di lungo periodo?
Io ho gli stocastici a 30 e il macd a 12 e mi pare che ha gia' scaricato
tutto, anzi ha pure tentato un piccolo rimbalzo...)
e ci sarebbero le premesse x un rimbalzo fino a 5,5 ma non prima di un'altra
settimana.
boh :-)
============================================
Technical Indicators Today
by: noblegrace2001 (F/SW Florida)  10/06/03 05:32 pm
Msg: 34489 of 34547
Basically I see no change in the technical indicators that are of any
significance since last Wednesday, except volume is declining. The balance
between buyers and seller is about even. Money Stream is holding. Price
range is narrowing -- all signs of consolidation. Notable is a significant
absence of sellers, so that is why price is holding in the depression of
demand volume.
For those using TC2000's proprietary indicator called BOP (Balance of
Power), I interpret the red (distribution) signal, despite its size to be
more a sign of day trading rather than true distribution as the buying
outpaces the selling still as seen on the volume bars. My guess is that in
the absence of any new buyers and any real sellers, we are seeing the MM
control the price in a way that lets small blocks day trade (some retail,
but likely more daytrading amoung MM's and ECN's). It all looks highly
controlled, but gives the appearance of activity, without weakening the
price base. But it can only go on for so long. By volume measures (today was
our lowest trade volume since Sept 04, which favored sellers over buyers and
had a much larger intraday price range than today).
The overall pattern in LNUX reflects similar patterns in stocks that reflect
cautious optimism but the absence of significant willingness to risk capital
until some news or earnings reports. News will break this becalmed sea upon
which we float.
LNUX can go on in this limbo for a while. Option trading may increase
volatility and thus make the stock more interesting to day traders until
LNUX begins attracting institional or fund buyers.
Unless the MM decides to play a game and make this stock run, up or down, I
would say that tomorrow will probably look like today. If we see more
sideline money come in to the markets because fears of a downturn become
quelled, then we will see retail and speculation back in the stock. Right
now it looks like we have HOLDERS. AND that is GREAT. I expect the MM might
shake the tree for some cheap shares, but he won't be too willing to break
the chart if he expects good earnings given the narrow interest at this
price. I expect he will want to draw in some institional buyers on any sign
of strength. The source of shares to buy now come from people who want to
bail. But given the fact that LNUX's chart is cooled sufficiently and we are
just coming off the longterm overbought WITHOUT price suffering is a signal
that LNUX will be surer and more attractive buy to speculators soon. I would
like to see another week of trading like this so that the long term
overbought is completely cooled -- best case scenario -- to oversold with
price holding. That would create very good odds for LNUX to pop to 5.50
again with any buying.
SO HOLD YOUR SHARES, unless we get bad news or a total change of character
in the chart. Currently LNUX is solid and strong, just consolidating and
basing at a level it hasn't based since early 2001.
I am holding, and will hold, unless I see a significant indication that LNUX
can't hold this base with closes at or above 4.40.
I may swing trade some of my shares if the MM keeps up this predictable 6
cent swing rhythm, with the top being 4.48.
Will be tied up most of the week, so unable to post much.
Cheers all,
Noble
--
____________________________________
"Un amico e' uno che sa tutto di te e nonostante questo gli piaci."
(Hubbard)

 settimana.
Il rimbalzo?
Io vado a raccogliore il pallone a quota 20 tra qualche mese.
E se mi gira, aspetto e me lo vado araccogliere tra QUALCHE anno a
600!
^___^
22/7

 ^___^
IN palestra o al    polli-tenico