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Pastimes : Home on the range where the buffalo roam

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To: solihull who wrote (13100)	4/25/2001 8:56:26 PM
From: Jim Willie CB	Read Replies (3) of 13572

interesting pattern unfolding on NazComp a point of decision must be made here it got above the relevant three MovAvgs I prefer to follow 50MA = 2080 30MA = 2000 18MA = 1980 now at 2060 after Wedday today after rising above the MA's, it found a bounce off the lower 18MA today the 18MA is rising, now is touching the 30MA so we get a big positive with a MACD crossover... or head back down on a bounce off resistance with 50MA here the daily stochastix is declining, has been all week relative strenk had been improving, until this week that Housing Report was very positive so OldEconomy stole the show in today's trading do you think new homebuyers will purchase gigabit networks for basements? or a fiberoptic extension from the backbone? how about a few webservers, or giant storage array? maybe a few PC's to fill out the great room? or flash memory in the kitchen? I doubt it consumer spending is still healthy, at least showing some strength but business spending is in real trouble I doubt this tech bounce has ANY steam left most everything I have checked is off afterhours I fortunately built up a position of QCOM option puts this week figured no way with Unifaz getting clobbered would Qualcomm avoid same got myself something to write home about oops, dont have a home how is my friend the blonde bombshell? does she ask about me at my favorite library? / jw

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