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Pastimes : ASK Vendit Off Topic Questions

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To: Walkingshadow who wrote (17239)	12/17/2000 1:41:11 PM
From: Vendit™	Read Replies (1) of 19374

T Of the top charts that you posted I think that MCDT as well as PWAV look ready to reverse. They are both sufficiently over sold and show more favorable over-all reversal indicators; another day perhaps. askresearch.com askresearch.com I agree that the following show “less” ready to reverse as well as having had an extreme Friday in all 3 cases which are likely linkable to news releases or sector relationships such as telecommunication. (EMC,PWER and FFIV) I find technical maturity deviations like this any time I do broad scans. I generally break them into 3 lists much as you have done: Ready list, Watch list and Short list. You would have to place both QQQ and NASDAQ as well as the S&P on the Watch list for Monday. askresearch.com askresearch.com askresearch.com Of the NEWP group I like BEAS the best as far as having the best likelihood in follow through as well as having the trigger pulled back far enough to produce a larger % gain over the next few days. askresearch.com NEWP is one technical day behind BEAS. askresearch.com As far as your short calls they all are worthy. I think anything in the chip/memory or telecommunications area will get hammered some this week. (MOT, LU ect.) All IMHO of course.

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