[RT] STK - KIDE - update-02-03

[wong <whs@xxxxxxxxxxxx>]

Hi All:

<<  Previously sent this message to the group, but perhaps the gif file was
too large... >>

First of all, here's wishing you all a very prosperous Chinese Dragon New
Year!

Today, after the close, my averaging down buy system gave a buy signal.

I don't use volume for my analysis, so I don't know if the weekly volume
will confirm or disconfirm the system's buy signal.  (See attached gif file.)

Note that on the weekly chart, KIDE just crosses above the Jurik 20-week
JMA.  Also note that the JMA curve is beginning to flatten out - so maybe
there's sign for a potential bottom here.

Naturally, I do not agree with some of the responses from the group.  I do
feel there's a chance for the long side.  As I said, time will tell...

Meanwhile, I'm staying on with my KIDE Aug call...

(I bought only 5 contracts.  So if I'm wrong, it hurts, but won't hurt THAT
much.)



Regards,

Wong

Attachment Converted: "f:\eudora\attach\KIDE WEEKLY 02-03.gif"