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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: TREND1 who wrote (15753)12/24/2001 12:49:17 AM
From: LTK007  Read Replies (1) of 99280
 
Larry i ,to be truthful,don't know.
ESST is in the same realm as GNSS and they are gathering momentum.But it is right now at the resistance of it's all-time high of 25 achieved in January 2000 and actually i think a pullback to 16 area would be a nice event from a buyers point of view,but it is showing signs it is possibly a longterm winner,i simply like the area they are in.
But yes i do look for stocks that i think will trend higher even when market itself maybe whipsawing.
But bottomline would i buy ,myself,ESST,right now--answer is --NO.Hope that helps:)Max p.s. i just noted the trading volume in ESST the last month is the heaviest trading it has ever had in a month's time --it is just a good stock to watch i think. Here is chart for the year showing its' Money Flow/OBV/up/down volume and price channel.http://bigcharts.marketwatch.com/intchart/frames/frames.asp?symb=esst&freq=1&compidx=aaaaa%3A0&comp=&ma=6&maval=5%2B8%2B50&uf=128&lf=512&type=4&time=8&style=330&startdate=&enddate=&size=3&lf2=268435456&lf3=8
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