Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: hmaly who wrote (143284)	3/14/2002 8:24:00 PM
From: tejek	Read Replies (1) of 1577091

Ted Re...McNichols also believes the group will likely pull back after the "non-event" OPEC meeting Friday. Most expect the cartel will leave its output quota unchanged at 21.7 million barrels a day. "I continue to see positive momentum for the group through the start of the summer driving season, but a seven percent to 10 percent pullback from recent highs would be very healthy," he said.<<<<<<<<< Thanks, that was exactly what I was looking for. I wish I would have gotten this a day earlier. Why? FST closed down today only by a quarter. Did you see Taro yesterday? If it gets over 31.5 if should confirm the breakout. Only on volume........volume was lame today [and yesterday]........400K when the daily average is 650K. You need over a million to confirm that the gap up has broken the downtrend. Right now, TARO is stuck in a trading channel that is heading downhill. Here are some names that are moving up: OI, MNTG, ALR, SWTX, OHB, UNT and I don't think they are overvalued plus they have good or improving fundamentals. Of course, like with everything else, you need tight stops in place. ted

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