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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject5/3/2001 11:17:45 AM
From: besttrader   of 37746
 
11:16 ET VoiceStream (VSTR) 101.95 -2.41 (-2.3%): -- Technical -- Gaps lower and sits. Lack of buying interest suggests vulnerability as do weakening indicators. Takes push through short term resistances at 102 and then 104 to improve tone. Next support come in at 99 (retracement/top of April 17 gap).




11:13 ET Momentum Watch : The following stocks exhibiting the type of intraday price swings that would suggest the presence of momentum players: Sonus (SONS), i2 (ITWO), Pharmaceutical Product (PPDI), Simplex Solutions (SPLX), StorageNetworks (STOR), Stratos Lightwave (STLW), Aether Systems (AETH).
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