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Strategies & Market Trends : Multi-Day Momos

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To: Lawrence Burg who wrote (80)4/26/1999 4:01:00 AM
From: Lawrence Burg  Read Replies (1) of 397
 
CICI needs to heal, a lot, technically. Fundamental shoudl shine through again sson, but the trading/sell off needs to end.

CNRS is passable, as sales continue to decline, but it needs some volume.

ATS, still just a paper trade...dammit...:o)

GRERF TA farted, hard to believe on the minimal volume...~366K on the ask, ~37K on the bid, ~ 35K split (I know it don't add up, I'm tired)...they are holding this baby down...

HMGC...http://www.techstocks.com/~wsapi/investor/reply?s=hmgc&sreply=9106432...probably solid otherwise, too.

IAIC...don't like the tainted PRs.

LOCK...shoulda known, a morbid play, on the Littleton tragedy, but very predictable...this is what I mean about watching and adding too many securities w/out paying attentioan to the influences on & behavior of those we already know...still running very strong, btw...

MTLC...very interesting...no news. A P&D, not likely, as volume is very distributed. Technically it looks very good for momentum. Watch for continued volume. Sell on news...

PAMM appears to still be under selling pressure/profit taking/trading. It may take a bit for that to wash out. Watch for the MACD to break over the previous high of 0.02...back in early February...talk about potential...Mahaka this is your responsibility, it you see it start to move!!! Get a good bead on the fundies...get in touch w/the board, and start reading it backwards. I had a post there on 30 January...

RACE w/some signs of life, but nothing remarkable yet...

ROHN is half bullish on momo. If you like it watch it another day or two...

SCNI...yuck...do you look at the 1 year charts...?? Looks like 200K sold off late Friday...spread was 13/32 x 17/32...222,500 went off at 3/8...yes, below the bid...MM proceeded to move the bid up to 15/32 right after that...stay away...and sign up for Mytrack...

TPEG went green on Friday. Watch for fallout from TJoe's "downgrade". Use the dips to buy...you never know what he might do if it shows strength...
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