To: James Strauss who wrote (4995 ) 9/5/1999 3:37:00 AM From: Jibacoa Read Replies (2) | Respond to of 13094
Jim: Thank you for your opinions, but don't welcome me back as yet, since I am still unable to do much posting. I am glad to see that your opinion agrees with mine in more than 90%. If you don't mind, I will add some comments: TMN... 4.50 looks like resistance... Transmedia closed at 4.25 +13.33% for the day.Vol.73,200 The next resistance seems to be at the May 3d H of 4.687(Range that day 4.18 to 4.687 Vol.47,100)The Relative Strength Ratio has improved (now 65)It seems it is trying to break the downtrend coming from the April 98 H of 8.75 RMG... Building steam... Look for a continuation of the move to the 20.00 area... Closed at 17 3/4 up 14.52% on Vol. of 91,300 RSR now 88. Was able to close above July 98 and Jul 99 Hs of 15 1/8 The RSR in July 99 was 25. PWN... Big potential upside here... Should test 9.00 soon... Closed at 8 1/16 Range 7 9/16 to 8 1/4 up 7.5%The RSR is still low at 12.If it can close above the early August Hs of 8 1/4 it should test the resistance in the 9 area from July22-23 99 AAAC... A move to 7.25 looks reasonable... Closed at 6 3/8 Range 5 15/16 to 6 1/2 up 10.87% Vol69,700 RSR 79 Breaking the downtrend coming from July 22 high of 8.812 If it can close above Jul 24-26 H of 6.375 expect another 12 to 15% on the upside. KCS... Short term move to 1.25 looks likely... Closed at 1 1/16 Range 7/8 to 1 1/16 up 13.33% on Vol of 104,800 It seems it may try again the previous double top from 6/29 & 8/6 in the 1.25-1,31 area The RSR remains at bottom low of 1. The stock still has a long way to go before it could test the downtrend coming from the Oct.97 H around 30. GBI... Nice breakout... Look for a move to the 3.50 area... Closed at 2 the high for the day(Range 1 7/8 to 2) on volume of 23,100 up 10.34% The RSR remains low at 2, It is still way below the downtrend coming from the Sept97.H of 20 3/4. It touched that downtrend in the June-August rally last year from 3.25 to 8.75. It has rallied in the past 2 days from the 8/31 low of 1.187 Now testing the Jul20&21 H of 2.It has broken the shorterm downtrend coming from the April highs in the 3.50 area. A move back there will be a 75% up move. ENBC...Beginnings of an up move to the 5.25 area... It closed on Friday at 3 9/16 down 13.64% after the previous day trip from 2 to the 4.75 area.The RSR remains high at 94. The volume Friday of 355,000 was way down from the 1,828,000 of the previous day.On May 6/99 it had a daily range from 1.37 to 6.5. This baby is not for widows and orphans. PTII... Lot's of resistance in the 3.50 area... It closed at the days high of 3 1/4(range 1 21/32 to 3 1/4 up 92.54% with a volume of 363,000 It closed the down gap of Aug 17. If it can close above the July 28 H of 3.375 it could retest the January's highs in the 4 area. NPTH...Lot's of resistance in the 5.75 area... Neopath closed at 5 3/16 (Range 3 11/16 to 6) up 48.21% on volume of 755,200 RSR 68. It is now starting to break the downtrend coming from the Oct97 H in the 20 area.It has a substantial amount of resistance in the 5 1/2 to 5,75 area of late Feb and early March before it could retest the Jan99 H of 7.625 ACYT...Resistance in the 7.50 area... Autocyte closed at 6 7/8 (Range 5 1/16 to 7 1/8) up 42.86%on volume of 532,600.RSR is 70. It seems it needs some consolidation before it could test the June 4 H of 8.25 PBYP....May fill some gaps before testing the 11.00 area... Play by Play closed at 6 1/4 (Range 5 1/4 to 7 3/4) up 40.85% on volume of 869,900 RSR 18 It has gaped up for 2 consecutive days.It almost tested today the Jan 11 high of 7.875 It seems to need some consolidation before testing the Sep98 H of 11 IART....Testing the 200 day MA... The weakest of the bunch... I am sorry I gave you the wrong symbol on that one. I was thinking of IATR not IART, Integra LifeScienc. as you say is quite weak, it closed at 5 7/8 down 7.84% IATR closed at 2 1/16 (range 1 21/32 to 2 1/16) up 34.69% on volume of 1,160,800 The RSR is 6. It seems it will be able to close above the June highs in spite of the nice run-up. Thanks again for taking your time and your valuable opinion. Regards and good luck. Have a nice weekend. Bernard