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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: Boddington who wrote (10382)	6/11/1999 9:28:00 AM
From: Stock Watcher	Read Replies (1) \| Respond to of 52051

Bodd; LTTX; on the table; waiting for basic info; thanx for link; sw

To: Boddington who wrote (10382)	6/12/1999 10:24:00 PM
From: TWICK	Read Replies (1) \| Respond to of 52051

Boddington, re: LTXX. I've been long this stock since I read the an article about it in Individual Investor months ago. That was when the stocks was trading in the $4.00 range. Out of it now since may 26th. At this point, it looks overbought and has room to come down a bit; clearstation.com As you can see, Stochastic and MACD indicate an overbought condition and a reversal of an uptrend. If you look at the 5day chart you posted, you'll notice the lack of volume over the past few days since it reached its 52 week high on 6/9. In numbers: Jun 11 - 523,200 Jun 10 - 1,138,600 Jun 09 - 1,607,200 Jun 08 - 1,728,400 Jun 07 - 2,061,300 I would also do some some research on the company's sector and see if it's still in favor for the short term. Since earnings were released on May 26th, I'd put LTXX on your watch list and watch for a new support level to form, or check it again in a few weeks prior to next quarter's earnings. You may notice that the stock has corrected quite a bit and could be a great play for an Q4 earnings run. Just my thoughts on LTXX Twick