More on VoIP

If you’re interested in doing some research into the VoIP space you may want to start at Jeff Pulver’s weblog. He’s the co-founder of Vonage and several other organizations, and will be speaking to Congress at tomorrow’s VoIP hearing. I especially like the post of his that points out the lunacy of Thanksgiving week stock [...]

VOIP Plays are Poppin’

MaoXian is posting some real-time commentary on the action in the VOIP plays (EGHT, NTOP, VOCL, DDDC, VTEK) today. Seems like everybody is watching/commenting on these things today. This action is reminding me so much of the good old days (1999 – 2000) when Briefing.com and/or CNBC could mention a story and cause a stock [...]

Smoked Bear

Today was a rout for the bulls. The market gapped up and never looked back. Todays’s rally brought all the major indices back above their 50-day moving averages. The bulls really need to make a higher high on this move or we may be in danger of making a head & shoulders top. There are [...]

Battle for the 50 Day Moving Averages

We’ve now had 3 days of thrashing around the 50-day moving averages on the indices. I’m getting a sense of déjà vue because this is exactly what happened at the end of September. The S&P chart shows this action well: You can see how deeply oversold we are by the stochastic reading. Unless we get [...]

The Smack Down

The 50-day moving averages were broken across the board today. The S&P and Dow looked as if they’d hold theirs until the last few minutes of the day. Those two indices are still very close to their 50 DMAs, so they could easily get back above them. The NASDAQ-100/QQQ looks the worst of the bunch [...]