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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject	5/24/2001 12:18:23 PM
From: besttrader	of 37746

11:58 ET Star Scientific, Inc. (STSI) 2.60 +0.51 (+24%): Issue back in the spotlight after filing suit against R.J. Reynolds Tobacco for alleged infringement on patent covering company's method for curing tobacco to substantially prevent the formation of a major carcinogen. STSI shares were put in play last month by WSJ report that company plans to roll-out a line of powdered-tobacco lozenges. The stock rose 135% that day. 11:55 ET Gold Retreating : Gold continues to pull back after the recent run with Jun gold futures down 6 at $278 - Briefing.com technicians note that the $275 level is key. Today's weak economic data clearly argued against inflation fears. Gold stocks all down about 2% today: ABX -0.30, HM -0.19, NEM -0.52. 11:27 ET Vitesse Semi (VTSS) 31.36 -0.84 (-2.6%): -- Technical -- Has lost 16.5% on an intraday basis over the last few sessions but has held at support at its 50 day simple ma (30.45) thus far today. While a short term bounce is possible, needs to rebound back to and through resistance at 32 and 33.2 just to neutralize. Failure leaves the door open to 28.5 and 27.

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