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Technology Stocks : STAR Telecommunications (STRX)
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To: Art C. who wrote (364)9/6/1998 1:59:00 PM
From: Thomas Stanton  Read Replies (1) of 780
 
Here is a TA from a friend at another BB.
Just another viewpoint.
TomS
======================================================================

mystifier44
(36/M/Buffalo,NY)
Sep 5 1998
7:01PM EDT

I took a look at STRX as per request. I'm giving it the thumbs up provided the market doesn't
experience further reguritation. As of Friday price closed over the 13 day EMA:

tscn.com
8%2CD%2CD%2CD%2CD&Timespan=99999&Submit=Submit&0val1=13&0val2=1

As you can see on that link if you would have traded by the 13 day crossover you could have
realized a 156% return in just 8 trades! And thats with price in an uptrend AND a downtrend. Got to
love those techs, right REMY?....lol!

Further signs of strength were given by the MACD crossing over the zero line:

tscn.com
&nocache=63343&PH=2&Symbol=STRX&Timespan=99999

And Momentum:

tscn.com
6%2CD%2CD%2CD%2CD&Timespan=99999&Submit=Submit&0val1=18&0val2=14&0val3=4

One more upday and the green for go should be given by the CCI indicator:

tscn.com
0%2CD%2CD%2CD%2CD&Timespan=99999&Submit=Submit&0val1=14

As far as the fundamentals, they appear to be moving in the right direction judging from the green
numbers on the following:

stocksheet.com

I refuse to dig through the fundamental mumbo in the 10K....Remy likes that sort of thing, not me.

All in all if we get a pop in the market which BTW I'm starting to feel is a very good possibility I
think you may have a good play in STRX. But discipline must be adhered to! If you get the nasty
red arrow on the 13 day EMA chart, dump it like it was managed by the DelGiorno's....lol!

Myst
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