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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 681.44

+1.6%

Nov 10 4:00 PM EST

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To: j g cordes who wrote (31020)	3/11/2001 7:18:16 PM
From: dlu	Read Replies (1) of 67839

j g ... I have been in and out of USON a few times and done well... if it retreats back to the 7-8 area I might be a buyer again. OCLR is looking poised to continue upward... on the other hand, the volume, though higher than normal lately, isn't too appealing. I might be a buyer of RDRT if it comes down again. I don't believe it will fill that breakaway gap but I am watching it for signs of weakness. TC2000 has a watch list entitled "Where the big money is flowing". I picked up some UDI back in January after seeing it listed there and checking out the company. It was not a big mover but continued a daily uptrend from gradual accumulation over a 2 month time frame. I find this watch list particularly interesting to monitor.... JMO but when something is under constant, quiet accumulation like UDI was in a poor market, it struck me that someone knew they were in talks to be acquired. dlu

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