WR's Momentum Trades Message Board

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Strategies & Market Trends : WR's Momentum Trades

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To: Bernard Ng who wrote (9525)	3/4/2001 9:13:11 PM
From: ChrisJP	Read Replies (2) of 11130

HAUP & LATD -- both seem to see resistance at their 20 dMA. The difference for HAUP is that it closed at its 20 dMA. LATD seems to touch it frequently intra day but never closes there. Volume on both is incredibly low. A good sign IMO. Let's hope it means at this oversold state that everyone who wanted to sell has sold already. My theory about OTWO is that maybe there was a lockup expiration and someone bailed out. Looks like someone went to "strong buy" and increased earnings projections. When was the last time you saw someone do that for a "tech stock" ? .34/share earnings expected for this year for a $6 stock with earnings expected to grow 70% next year. I'll take my chances. biz.yahoo.com biz.yahoo.com CLRN, GWRX, and BRZE ... yeah they look weak, don't they ? <g> Maybe the fabled March rally will lift them temporarily. FWIW, earnings growth for CLRN is still expected to be spectacular. But maybe the stock is still being sold cuz somebody knows something ... BRZE -- also fairly valued if earnings estimates hold. Chris

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