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To: SJS who wrote (10717)11/26/1999 12:03:00 PM
From: Thean  Read Replies (1) | Respond to of 14427
 
Steve - TXCC is testing resistence currently and if it closes below Wed's close then this one is in danger of falling to the 40's again like GALT. I don't see much strength in TXCC as it is going through the high-open-close-low pattern for so many days now. Unlike RFMD which is a technical reversal TXCC has not shown any sign yet. When that happens, $56-57 area will be a natural resistence.

BBY - I have been watching the tape whole morning on BBY and the $58 invited quite a lot of sellers. We have finally broken through and I don't see much big blocks waiting to sell here, at least not yet. The market closes in one more hour so big sellers may come out still. So far so good. Should test the $61 resistence next Monday or Tuesday. While etys may have bigger swing simply due to its internut and small float status, BBY is matching the gain percentage-wise.

ONT - I begin to see some bigger sellers at 18 3/8 so this may retrace back below $18. Missed out this morning on a dip to 17 5/8. The reserval was so fast and sharp there was no way to get in.

GNSS - chart is showing a short term double top and it is falling once again. If it trades to $18 and change I'm going to buy it again. Selling Dec 20 put will be another way to go.