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Strategies & Market Trends : Three Amigos Stock Thread

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To: Crossy who wrote (27733)	1/3/2002 6:16:50 PM
From: Ken W	Read Replies (2) of 29382

Hi Crossy ATML: Still looks a bit dicey as a long or mid term hold to me. stockcharts.com[l,a]daolyiay[dd][pb50!b200][vc60][iUb14!Lp14,3,3] Until we see a cross over of that 50dMA above the 200dMA the stock is in the control of traders and not investors. I filled some of DanW's CDIC at 6.50 and am happy with that one for sure. It broke over the down trend line that has formed from the recent 52 week high of 7 plus to solid support at 6.00, which formed thru all of Dec. Busting over that top line of the triangle should signal the retest of the 52 week high. Sold my SUNW 12's at 13 and change today. FA wise the stock is just too pricey, however, I expect it to be a channel trader for most of the year. Same with ORCL, with the channel forming from 14 to mid 15 for a while. Keep a sharp eye on CELL to see of the breakout over 3.00 will hold. Ken

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