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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: marginmike who wrote (1481)11/24/1999 3:13:00 AM
From: J.T.  Read Replies (1) | Respond to of 19219
 
marginmike, I mentioned in the past that if Steve Jobs were to make the connection with PIXR's top notch digital animation technology to the internet and get this message across to analysts and investors this stock would soar.

As it is, when you go see the TOY STORY 2 movie sometime in the next several days, you will see how far their technology has come. But PIXR's technology is so far ahead of this TS2 movie right now it is unbelievable. In essence TS2 animation is already outdated. They had to scale the animation to make it a natural smooth progression from TS1 so as not to lose the flavor of the characters or storyline from the original.

It is their next movie MONSTERS, INC. and subsequent movies after that where this digital animation technology will come thru.

Do not go into this stock with the intention to marry it. Until PIXR sheds its image as a trading stock, that is all it will be. That is why $50 and $53 levels are so important. I am betting this psychological monkey will be lifted and target is $75. Shorts will eat dirt and have to cover once 53 is out. Then its a buying frenzy. Sell half position into strength, and let other half ride.

Nevertheless, there are no guarantees. Keep your finger on the trigger to sell if shorts hold the line again or longs capitulate. VOLUME will tell the story.

P.S. I hope you saw Tom Hanks on Leno last night.

Best Regards, J.T.