PSUN A new breakout at $30+! Message Board

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Non-Tech : PSUN A new breakout at $30+!

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To: Wolf 2 who wrote (1511)	9/18/1999 4:11:00 PM
From: E. Graphs	Read Replies (3) of 1622

Wolf and Duane, I added to my PSUN on Friday. I know I know, I am hopeless. BUT! I am also looking at other retail stocks. Can't believe how many are in the doghouse. I think the sector is due for a bounce. Look at the lows! and the holidays are just around the corner....something is not right. Here are some I will be looking at further today: FLH BBY KR RBK MAY BBY CPU TSA TOY RAD Other sectors that look good here are XNG (PPP OEI) XOI (BHI AHC NEV P SLB OIL) DRG (AZN BDY AZA DURA PFE GLX SEPR) NWX (ALA NCDI COMS CS? BAANF?) IIX (yup, that's the internet sector) NDX (yup, the Naz 100) WSX (yup, that's the small cap index) and SOX (what's that? <g>) The rest of the market looks strange to me. KO is at the neckline of a head and shoulders formation (a double right shoulder)......does KO have 9 lives or something? I also noticed CD up on decent volume Friday.....so looks like you were right about October.......maybe it's time to look at REITs! Buying PSUN was a leap of faith......even for me, but how can we be discounting retail just before the holidays? And, I think Alan Greenspan just said (in so many words <g>) that there will be no increase in rates this October/November b/c he doesn't want to add stress to the Y2K season. BTW, those stocks I gave you along with the industry are just suggested on a first pass basis......I still need to run more charts on them, but I thought I noticed some volume reversal and that made me want to look further! So, feel free to digest or reject them as you wish .....it's of no interest to me unless you see one you like, then kindly let me know! I'm just doing the industry thing this weekend and thought I'd share some of my thoughts. OK, back to work...... E!

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