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Strategies & Market Trends : Momentum Stock Plays

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To: gentry200m who started this subject	7/14/2001 1:03:45 PM
From: FLACK	Read Replies (2) of 270

gentry, I went through your July 13 picks and among the charts that look good, I have created Window on Wall Street charts for INGR QMDC TELK TNB and TUTR. And CRGN has possibilities as a nice short play soon. Since I have an aversion to longing this market, I'd like to see QMDC retrace to its 8 ma (of lows) and begin a bounce before buying. TELK looks like a buy @10 and change with decent vol. TNB broke out and held above resistance. TUTR and INGR need some vol. - of the two, TUTR appears to have the better chance of breaking above resistance, since it's climb has been stronger, while INGR failed (on 6/28) to break through it 5/25 and 5/28 highs. Just some thoughts based on a quick look at the charts. Since I seldom go long, this is rather new "territory" for me :-)

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