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To: KLP who wrote (3656)8/25/1999 2:18:00 PM
From: faqsnlojiks   Read Replies (2) | Respond to of 7442
 
I'll have to give you a quick response until I have more time, but for now, here's what I see:

MCOM - Looks like a retrace to around 21-22 is in order here. Then a reversal, especially considering the very strong support it's showing in the 19.5-20 area. Sitting here at 24 or so might be a good entry point...us greedy one's will wait for 22. :*)

CTCH - Watch this puppy retrace to 12, and turn-around and rise to 16. At least, that's what the chart looks like it's going to do. The rising bottoms it has shown recently is encouraging as is the recent triple-top break (sorry you probably don't know these terms yet), so there are recent signs of a possible turnaround. Watch the climb (after the retrace). If it breaks that resistance at 16, it could rocket!

ISLD - (disclaimer: I'm a shareholder) Unfortunately, it looks like it want's to get back down to at least 19 before reversing...gotta fill the gap, ya know! I was disappointed that buying dried-up at 24...no real reason for it except as a sympathy move. Resistance on the upside at 26, support on the downside at 15.5 (I seriously doubt a retrace to that level).

NXTL - Possible retrace to 50 to fill the gap, resistance at 59. It would have to break one of these two for me to get a good idea as to what to do. I would watch it closely on either end...if it drops below 50, stay away if it rises above 59, that would be a good sign of strenghth.

Good Luck!

909's,
-Joe