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Strategies & Market Trends : Trend Setters and Range Riders

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To: Susan G who wrote (1110)1/5/2001 2:25:43 AM
From: SMALL FRY   of 5732
 
Sue,

VSEA, 27 3/16, + 1 1/2 - finally punched trough the major resistance at 26 1/2 (also 60DMA) that has foiled it 5 times since late Oct... this is not a sprinter but a steady grinder. Next resistance appears to be mid 30's and low 40's... which should be the 200 DMA by then. Earnings on Jan 25... low P/E, high growth... great semi stock. ADX shows gradual reversal from a neg trend and currentl 13.23... I expect it to ride the high STO area for a while.

SF
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