S scriabinop23 Nov 5, 2006 #21 Quote from Neet: AKAM is trying to survive just under 50 DMA. It is getting dangerously close to 45-45.50, once that is broken with strong volume, it's over for a while. My 02 cents. More... I was looking on too large a chart. Now I see this - looks like the earnings on oct 26 drove this. nice high PE and lowered expectations. interesting.. good tech short.
Quote from Neet: AKAM is trying to survive just under 50 DMA. It is getting dangerously close to 45-45.50, once that is broken with strong volume, it's over for a while. My 02 cents. More... I was looking on too large a chart. Now I see this - looks like the earnings on oct 26 drove this. nice high PE and lowered expectations. interesting.. good tech short.
N Neet Nov 5, 2006 #22 Yes I like it short too but only when support becomes resistance and broken with above avg volume.
