Actual, the stochastics chart gave the sell signal about four trading sessions ago. If you look closely, the line is about to turn in the up direction, thereby signally another buy.
But remember, as Investor's Business Daily reminded us in their Monday (Dec 28) edition: The saying on Wall Street is: There are no rich chartists.
For those interested in the charts mentioned by the linked post (stochastics, MACD, money flow, et. al.), you can find them for free at www.askresearch.com. (select Charts). I have been evaluating them over the holidays, when I was rotating my portfolio for 1999 (all computer consulting companies, and RMBS). (Ooooh, I hope I did not cause your browser to crash by using "1999").
Happy New Year. Now it's time to party "like it's 1999".
SAN FRANCISCO, Dec. 31 /PRNewswire/ -- It seems like technology is changing faster than ever. Office storage rooms are filled with great technological advances that never made it past version 1.0. But, is it possible to avoid buying hardware that becomes obsolete before it's paid for? Yes -- if you shop wisely. That's why the February 1999 PC World cover story, "Your PC in the New Millennium," (online now at www.pcworld.com/feb99/futurepcs and on newsstands January 19, 1999) provides a guide to the technologies and trends that will shape the design of PCs for the next three years.
CPUs and Storage: By 2000, Intel's mainstream desktop CPUs will zoom along at a torrid 700 MHz. In addition, the coming three years will see numerous new processor families (more than two dozen new CPUs will appear in the next 18 months), a new memory standard -- Direct Rambus DRAM -- and perhaps the end to the motherboard as we know it. The enhancements will allow new PCs to handle the emerging tasks of 3D graphics, full-motion MPEG-2 video, and applications like voice recognition. Bringing the keyboard, pen, camera, and speech together, these systems will add new dimensions to PC interfaces. At the lower end, rivalries between chipmakers will improve performance of sub-$1000 desktops and drive budget notebook prices down. In terms of storage, CD-Rewritable may turn out to be the common format for removable storage. By 2000, 50GB hard drives will be commonplace; by 2001, that number could double to 100GB.
The Box: On the aesthetic side, PCs will look better and get smaller. The archaic ISA expansion bus will disappear, freeing up vendors to use smaller motherboards and experiment with space-saving PC designs. Some analysts predict that by 2002, many desktop PCs will be as small as a shoebox. More affordable LCD displays will also take pounds and girth out of monitors -- LCDs weigh one fifth as much as today's CRTs, take up one third of the space, and use half the electricity. "Thin is in" for notebooks, yet the need for touch-typeable keyboards will limit how much these machines can shrink. Stunning 15-inch LCD screens will find a home in desktop replacements -- feature-laden notebooks that will spend most of their time in the office, not on the road.
The Internet: For many users, the biggest issue is how they will connect to the Internet in 2000 and beyond. Unfortunately, most homes and small businesses will rely on the same old phone lines and modems they use today. On the other hand, phone companies will begin to deliver reliable, low-cost voice-over-Internet Protocol telephony services. It will become more common to rent applications over the Internet, Web-based services will let individuals and groups post and share information online, and applications will become more Web savvy.
Handhelds: Over the next two years, cell phones, beepers, and personal digital assistants will merge to form powerful communications tools. But don't rule out Windows CE Pro "Jupiter" machines yet. At prices less than $1000, these machines plug a gap between tiny handhelds and full-features notebook computers that cost twice as much. However, the real breakthrough in handhelds may come in late 1999, when devices start using a wireless technology called Bluetooth, which will enable fast short-range communications between devices.
The article also includes a roadmap of CPU releases and a complete chart listing the buzz and potential drawbacks to the technological developments outlined above.
Did you see my message on this post no.6897 saying that RMBS has seen all tax selling by all bubas like jamestoro and we are headed straght up to 126-132 area in next 12 trading days. My message was posted when every shorties were ready to greet RMBS below 90. In short today I warned everybody that RMBS bargain buying will be over. This message is very powerful and don't underestimate it, you see me next weeks and dont talk about shit like TA and Schostic and so on.... If you are short or sold in panic don't worry buy Monday at opening price well above todays closing price. Good Luck !!!! By the way Rosemerry we are on right tract and dont pay attention to shortsellers and naysayers