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Strategies & Market Trends : TA- Advanced GET

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To: Gary Burton who wrote (958)4/3/1998 5:40:00 PM
From: Gary Burton  Read Replies (1) of 1551
 
Speculators might want to look at MTSN a chip equipment maker in the dumps. I suspect we are currently in a little triangle (iv)--but it might be done on the downside already. At, 6.50 it has no debt and 2.40 in cash. And the chip equipments look to be waiting for the 2nd half rebound in business. Just an idea. I went long a few days ago at 6.15. If it is a (iv) we are in, the MOB supports it at 5.75-6. Best to look 2-3 yrs back for the initial high in the hi 20's I think
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