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Non-Tech : PSUN A new breakout at $30+! -- Ignore unavailable to you. Want to Upgrade?


To: Duane L. Olson who wrote (1178)6/7/1999 7:41:00 PM
From: E. Graphs  Read Replies (1) | Respond to of 1622
 
Duane,

>>I sure had not seen a problem with the RSI for PSUN.....So...what's the plan....?<<

It surprised me too. I'm not sure, that's a long -ve spike. We may have formed a bear flag and the measurement for that would be ~24. Although I am encouraged that the 200day showed some support, we all know PSUN is capable of nasty surprises, don't we?!

askresearch.com

RE: >>PSUN is surely more "with it" than the aforementioned.....<<

Well, I have noticed that there are many other stores carrying similar styles to PSUN this year. When I first bought PSUN stock [1996] there were no other stores selling to their market. Now, I wouldn't be surprised if kids are starting to shop around. There are a lot more choices out there. However, PSUN does have the reputation for clothes that are tough and durable....a necessity for skateboarding.

Still, I wonder what the on-line store will do for back-to-school shopping sales this year? It could be very good!

Looks like they are still mining for addresses.
pacificsunwear.com

E!




To: Duane L. Olson who wrote (1178)6/7/1999 8:12:00 PM
From: E. Graphs  Read Replies (2) | Respond to of 1622
 
Hey Duane,

Your DecisionPoint analysis is getting spooky! Especially since we've recovered the critical MA at 2500 on Nasdaq TODAY. Can you get it to be any more definite? <shudder>

Take a look at SOX as well. Looks like an IH&S with multiple shoulders. We should break out to the upside because last I heard semis were in a recovery (see my reach for FA here?)......agreed?

Only thing I don't like is the bearish divergence on the weekly, but the monthly divergence is bullish!

207.95.154.130

207.95.154.130

207.95.154.130

LTXX is relentless! but what about the gap at 6 7/8? <g>

E!