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Strategies & Market Trends : Three Amigos Stock Thread

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To: in_cog_nito who wrote (27339)	12/2/2001 11:54:54 AM
From: Ken W	Read Replies (2) of 29382

Scott GNVC: stockcharts.com[l,a]daolyimy[dd][pb50!b200!d20!c10][vc60][iUb14!La12,26,9!Lp14,3,3!Lc20] There is a gap to fill, RSI, STOCH's etc. are overbought. I don't like what I'm seeing in several of these charts. Most have 10dEMA crosses over the 200dMA's with the 50dMA considerably under both of them. This is indicating that things are way ahead of themselves and we are setting up for another serious correction, most will test the 50dMA. MTNT needs to hold over .40 on the next set of dipps Scott and break over .54 on heavy volume, otherwise you have a new trading range of .35 to .41.......still 10%ish, but you have to buy a gazillion shares to make it pay. I suspect the the NASD 1.00 rule will come back into play soon, so companies like MTNT, PCOM etc are going to have to scrabble to get back over a buck or face delisting. Ken

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