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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: Bucky Katt who wrote (10430)12/17/2001 10:26:40 AM
From: James Strauss  Read Replies (2) of 13094
 
Jim, as for the INVN machines, they work, the LLL machines are not as hot, I shorted that one in the $95 range awhile back. Maybe that silly rumor was what kept INVN sooo cheap for sooo long, much to my advantage....

William:

That's reassuring...

Hundreds of millions to billions are going to be spent over the next 5 years on these machines... Perhaps the acquisition of Imatron will add additional scanning definition capabilities...

I've drawn horizontal support lines at the 33.00 and 21.00 price lines... These represent the 13 day and 50 day MA's... It's likely that we could see a retracement to the 33.00 area in the next 30 days...
stockcharts.com[m,a]daclyymy[pc13!d20,2!c50!c100!a33!a21!f][vc60][iLb14!La12,26,9!Lk14!Lf!Lg!Lc20!Lp14,3,3!Ll14]

Jim
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