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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?


To: Black-Scholes who wrote (44338)9/1/1999 9:30:00 AM
From: Maya  Read Replies (2) | Respond to of 50808
 
BS, LOL. Seriously, I am one of those long timers and don't care about the day to day price movements. If it goes up, it will help some poor kids in a far away land. Now here is some stupid tech analysis to gauge the fundamentals. I pity those who pay to read this nonsense. Even FredE would disagree for using charts to buy long term holds.

Charted Territory: How to Play the DVD Revolution

In summary, then, we have five new candidates. I'd rule out CUBE, DISK and CNRM immediately, though. CNRM is just too thin, and the other two look pretty weak right now.

That leaves the two Zs, and both have pretty good-looking charts. My favorite, by a nose, is ZRAN, but only because it's hugging the trend line a bit closer. But ZOMX isn't bad either, and I'd be tempted to go with both.

Judging from the fact we just added four more DVD disks to the Smith collection, I'd be shocked if one or both of these stocks wasn't higher a year by now.

So, if the DVD bug hits you, and you go long one of the stocks I profiled, think about your entry and exit. I always like to enter on some sort of technical analysis indicator, with a breakout being my favorite. Then you need to think about your exit. Of course, a 50-day moving average is effective as a trailing stop, but a trend line works well also.

My gut says DVD will get even hotter, and I'm betting at least one of the aforementioned stocks tags right along.

thestreet.com

This guy has the nerves to use charts to predict the long term. In the same column, Cube was featured about a month and half back as a strong stock when ZRAN was limping. What would have happened if he had made the comparison at that time?