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Technology Stocks : Helix Technology, a cold play on semiconductor equipment
HELX 35.15+0.1%Nov 4 4:00 PM EST

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To: Christopher Brainard who wrote (1194)12/13/2004 7:23:50 AM
From: robert b furman  Read Replies (1) of 1227
 
Hi Chris,

Price action is that of consolidation.

This type of price action is long term.Often featuring false starts and breakouts that don't hold.

High level consolidations should be bought upon breakouts after at least six years of consolidation.

Since it hasn't been six years since the last general market distribution top,buying the dips remains the best game in town(wether you scalp the move or tuck it away for 06/07) depends on your patience level.

I'm watching a lot of stocks that are having nice +DI crossovers of -DI both on the daily and weekly charts.

Chris - Buy the dip on our old friend SBSE??

stockcharts.com[w,a]daoanyay[dc][pb72!b50!f][vc60][iLl14!Lk14]&pref=G

stockcharts.com[w,a]waoanyay[df][pb72!b50!f][vc60][iLl14!Lk14]&pref=G

Good to see you over here on this quality thread.

Bob
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