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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: c.r. earle who wrote (16619)	10/5/1998 10:06:00 PM
From: DanZ	Read Replies (2) of 53068

Possible good buys tomorrow Alberto, Of the three most active stocks on the Nasdaq today (CSCO, DELL, and MSFT), I like MSFT the best. The reason is because it tested support and bounced better than the other two. CSCO looks the weakest and I think DELL has downside risk to about 54 where I would call it a buy. The semiconductor stocks should get a boost from Motorola's earnings. My favorites in the group are ATML (held support and closed near the lower bollinger band), LSI (double bottom at 11 1/2 and held lower bollinger band), MOT (has upside to 48 over the next week or so), NVLS (held support at the lower bollinger band), and VLSI (double bottom at 7 with a target of 8 1/2 to 9). Besides MSFT in the software sector, I like ORCL (came close to touching its lower bollinger band today and has several gaps to fill above the market) and RATL (tested its lower bollinger band and bounced nicely). Both of these stocks have upward sloping lower bollinger bands which is a good chart pattern to buy on. Best of luck, Dan

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