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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: RR who wrote (1685)9/15/2000 8:20:31 PM
From: Jim Willie CB  Read Replies (1) of 65232
 
did EXTR really get into the 70's a few days ago?
that was a true TA-inspired bounce off 18day MovAvg

my charting website says it did
I wasnt watching
too busy with my Conexant kill
it held up well today
the chips got roughed up again
getting tired of their schizophrenic behavior lately

in fact the entire network space was solid today

so in your opinion, is the EXTR buying opp over?

or could this be a prelude to another buying opp?
relative strength has weakened in last couple weeks, trending down
the gap up yday seems a sign of instability
Moving Averages are between 77 and 88
we might see more gathering back there
/ jim
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