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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: LastShadow who wrote (15529)	6/14/1999 1:00:00 AM
From: BoNg-N-BoNg	Respond to of 43080

re: 3 out of 7 OSX stocks that I follow broke out or about to break out its recent resistance: PTEN - closed at 9.75 (resist. at 9.50) GLBL - closed at 12.44 (resist at 12.94) and intraday high of 12.81 UTI - closed at 15.81 (resist. at 15.81) and intraday high of 16 TMAR - increased volume due to its recent news but need to closed above 7 9/16 to consider an uptrend FGI - might continue its dwontrend..(disappointed)in violation of its uptrend support that started from March.. RIG - continuing its uptrend.. nice buy below 25 though FLC - downtrend is broken too..and trading horizontally.. will see if it can break the 10 to start an uptrend.. note: only have a position on FGI at this time..also barring any good news if OSX continue strenght today then usually Tuesday will be a typical profit taking day because of API report and usually late wed. or thursday is the best time to take a position hold for the weekly cycle.. re: AOL - Scott, AOL has no support until the 88-89 area.. good short position hold indeed.. re: KEG - Sue, watch them.. might break 3.50..if indeed it will retest 3.75.. just a thought.. eL