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Strategies & Market Trends : Multi-Day Momos

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To: Lawrence Burg who wrote (152)5/26/1999 3:02:00 AM
From: Lawrence Burg  Read Replies (1) of 397
 
INFM...more software...light posting. Momo started a few days ago, though it was obvious by Friday. AD's showing bold cross ups. Good volume. Stochs a little overheated.

LPAC...weak trends, but bouncing back up. Looks lik eit needs to break the previous 5.50 high...getting tired...

MCDE...lotsa buying this Spring...nice break out formed, w/AD's crossing up for the first time in a while. Strong trend on the O's. No notable news. Little appreciation off the 52w low, w/upside aplenty. Light thread focused on the CFO resigning. Last time the MACD crossed up, it ran for 3-4 days. Should have a day or two left, and enough carry to get 10% off the current 4 7/16...low volumes. Don't but too much...

Finally SBEI. Lotsa good momo w/previous corresponding prices at $8-9...butted right up against the 200DMA. Watch for good volume, and a cross over $6. Yehaw, 2.9/2.2, very tight. Last TA off-thread mention was 21 Feb...regualr thread is dead...

What can I say...I like them all...:o) But to prioritize a bit...
SBEI...best
MCDE
EPMD
INFM
HTEI
LPAC...last...
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