Hi Jan and all. Great holiday weekend to everybody on the thread. Safe and fun, ya hear!
Some Friday nick nacks:
Interview with James Cramer on AOL from 5/13:
>>>My top holdings remain Cisco, Dell, Ascend, WLA, IBM , AOL, Yahoo and I am still buying AOL. Why not??<<<
I think Mr. Cramer ought to take a look at some of Jan's work on this thread before buying anymore DELL or AOL.
Market comment from Michael Burke in my weekly Chartcraft newsletter:
"Dow was down 107 points since last time. Short term indicators continue to be bearish and not yet at oversold levels. We would continue to be defensive"
RS Signal news of some notable stocks:
RS Sells:
HP (O27)
NFX (O23) {2 more RS rollovers in the oil patch}
TER (O33)
RS Sell Alerts:
US Filter, Honda, Action Performance (the collectable race car company. Interesting with the Indy 500 this weekend that this stock is rolling over), Vintage Petroleum (another oil patch stock).
Notable stocks with Buying Climaxes:
TJX (one of my guys), Hewlett Packard, Apple Computer, United Healthcare, Textron, Georgia Pacific, Storage Tech, Sofamor Danek, Greenpoint Financial.
Have a great weekend!
Bruce
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