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Babak, I see that. Did you capitalize? Is buying/selling a channel breakout like these a ligitimate strategy for the scan? I'm assuming that for them to be successful breakouts that the volume should increase. Both of these had low volume. Mike

Short PHSY (Usual Suspects) Entry 29.15 Stop 29.40 Target 28.00 PHSY opened at 29.94, traded quickly up to 30.37, pulled back to 27.26 and then traded up and established a range between 29.27 and 29.78. It broke down through the range at 10:45 on a volume spike. It pulled back up into the...

10Mbits/sec = ~1MByte/sec Plenty of Bandwidth, even at half duplex, its still good. You can also buy the 5GHz equipment. I don't know if it is available yet, but bandwidth is much greater, distance is less - like bluetooth. Mike

Tony, Thanks for the comments. The support from you and the other ET posters really helps. I can't tell you all how much I appreciate it. The PPDI trade was not exactly a classic Reversal Day Trading Strategy because it was not trading down from the open. However, when I saw it pull back...

I've studied 802.11 in some depth. IT should be fine for what you are doing. Chances are that you won't get interference because of the spread spectrum technology. No guarantees. The trick is all in the AccessPoint power output, the antenna gain and antenna placement. Like anyhing else, you get...

dGabriel, Would you mind explaining the technical basis for the KLAC trade? Are you thinking that the last 3 days were just a pull up in the longer term downtrend. Is your target 57? Whats your risk? Thanks, Mike

Yeah, He traded over 380,000 shares for a 5K or 6K day. That's a lot of turning of the squirrel cage. Mike

RE: PPDI Sold at 26.82. Guess I'll find out if my target was too conservative. I would really like other opinions. Thanks, Mike

Long PPDI (Usual Suspects) Entry 26.02 Target 26.87 Stop 25.90 Is this price target too conservative? Mike

No, ping sends an echo request to the destination. The ping packet travels through all the routers between you and the destination. Also, I don't think that bandwidth is as important as your quality of service. You could have the biggest pipe in the world to the internet, but if your...

Go to DOS or Command prompt. Type the following: ping rutgers.edu or ping "mydataprovider.com" Not all IP addresses reply to ICMP echo requests (pings). Ask your data provider for an IP address that you can ping if you can't figure it out. Traceroute (tracert on Windoze) sends...

Dave, Result In Chain? Just Guessing. Mike

I sat in on one of David's web casts before. It is OK. Even if you don't agree with his style, there is something to be learned from observing other successful traders. And its free. No obligation. Nobody has called me or emailed me since. Obviously, TeraNova and MarketWise are promoting their...

How do you interpert the VXN? Do you use Bollinger Bands, Some fixed number and/or previous levels? What are you using as a sentiment indicator? (Bearish) How are you determinig that the weekly/daily charts are oversold? Thanks, Mike

Banjo, Glad to see that I'm not the only one that is brave enough to publicly admit this. I think that my reasons were I missed some fast moves up, and I thought that the rally would not last. My bigest mistake was going contrary to what the market was telling me. Luckily, stops were tight...

This is a cool scanner. I just put in Highest short ration and monthly volume > 500K. Top of the list is WXS. Pulled up a chart. It hung below $2.50 forever until earnings came out. Went over $5. It's hanging there. Looks like shorts tried to bring it down on 4/24. I'm curious to see what...

candle, What type of criteria are you scanning for. Are you looking for trading canidates or investing canidates? Mike

I completely disagree. ISDN comes in two flavors, dial-up and nailed up. Both are digital connections where no a/d conversion takes place. 2B + 1D is 144 kbs. Typically the connection is made to the same network as DSL is in the Telco Central Office. The nailed up type is DSL, more commonly...

Because he knows what evil learks in the hearts of men!

Actually, with both DSL and cable, what TIER your provider is makes a big difference. My local telco is Sprint local. I'm only two hops from sprintlink.net which is believe is a TIER 1 provider. I hardly ever experience any loss, latency or downtime. Not true though when I had Rhythms and an...