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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (22653)8/9/1999 10:06:00 PM
From: Suresh  Read Replies (1) | Respond to of 69614
 
Harry,

be careful about SSTI. "Emerald Research" is one of the pushers of this stock.... their previous pushes have been PRST, ZOLT, ZITL etc. Usually they pick low float stock so it is easy to manipulate. Association with QCOM is also helping the stock.

-Suresh



To: Johnny Canuck who wrote (22653)8/10/1999 6:39:00 AM
From: Iris Shih  Respond to of 69614
 
Harry,

I know nothing of ssti's fundamentals. Purely bought it on technical strength. I sold mine yesterday around 18. But judging from its intraday action and daily chart, It might continue going up. Look at xico, too. I might get back in again on any weakness.

Drillers and chip stocks were the only two strong sectors on my screen. I don't know if they would be the last to fall in a booming economic cycle. I watch intc daily and what I see is signs of distribution but it just keeps going and going. All the candlestick signs, ie" shooting star", "hanging man" don't work at least for now.

Those chip and equipment stocks might hold up well until amat reports next week. I see rounding top forming in several equip stocks I follow.

Iris