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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (5269)10/28/1999 4:38:00 PM
From: Jibacoa  Read Replies (2) | Respond to of 13094
 
Jim:

GIL: The stock has drifted down in the past two days. I expect for it to settle down in the 17 3/8 to 17 1/2 area.
I would not buy it until it resumes the up-trend.

EISI: Gapped-up in the first hour today. It did not close the gap completely in the afternoon. I bought more yesterday. If you look at a monthly chart,
the 98 H was 9 1/8; the 97 H 11 and the 96 H 31 5/8.
Of course I would be satisfied if it can retest the 98 H
within the next 12 months.

The DOW industrials didn't close the morning gap either. Do you think the "October correction" is over?

Regards and good luck.

Bernard