% | $
Quotes you view appear here for quick access.

Office Depot, Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • plenner plenner Aug 13, 1999 1:19 PM Flag

    August comparative chart

    I followed the stock pretty closely until I quit ODP 2 years ago. Back then it was around $25 or $30. Has it split?? If not, what has happened?!? It looks like this stock has gone nowhere.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Dow up 180 or so, nasdaq 3+ %, ODP up 1/8 on low volume. What's your TA say about that?

      • 1 Reply to b_zerkley
      • thanks for asking, but I'm really not all that are some things I see:

        ODP made a "doji
        star" which could be the reversal sign, or may not
        be....candlesticks recommend to not trade on a "doji star", but to
        wait for confirmation....I notice, too, that while we
        did "gap up" a little bit, we stopped right about on
        the ceiling line....(the upper trend line....or, the
        line connecting the "lower highs" of the past
        weeks....what ever that line is called).......

        I'd like
        to see the stock break thru that line before I
        called "bottom".....on the other hand, if we have a down
        day monday ( or couple down days)and break to the
        downside, I'd say there is more downtrend

        we need some confirmation.....

        the 20/50 day
        moving averages have crossed negative on the dow and
        s&p, but I notice that the 13 day and the shorter 9
        day averages have moved upward, and the dow CLOSED
        above both the 20 and 50....(barely, but I think it
        counts)......the transports showed some improvement, but still
        look pretty bad.....

        I think we need some
        confirmation of direction on the general market,

        no clear signals tonight.....and probably won't have
        any at least till the Cee Pee Eye....(or is it the
        Pee Pee Eye)comes out......

        on the good side,
        if we don't get a rate hike, or if the report is
        good and they PERCIEVE that we won't get a rate hike,
        I think the market (and ODP) will rally and this
        will prove to have been the bottom.......

        converse if the news is bad.....

        sorry I couldn't
        be more help....

        good luck

9.34+0.14(+1.52%)Apr 1 4:00 PMEDT