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


To: jbkelle who wrote (5623)12/5/1999 11:41:00 PM
From: Jibacoa  Read Replies (1) | Respond to of 13094
 
JB:

SEEC: I have bought SEEC recently. As you now it had a nice 14% up-move on Friday. They still have a LARGE cash position. It is possible we may still see some pressure from tax-selling, since the price is still below the average for the year.

You probably remember the sharp "spike" SEEC had after it was mentioned by A. Abelson in Barron's.

They were mainly on Y2K software, but things have changed since the recent acquisition of Mozart Systems Corporation, the Company seems to have enhanced its position in the e-business market.

Bernard



To: jbkelle who wrote (5623)12/6/1999 9:41:00 AM
From: James Strauss  Read Replies (3) | Respond to of 13094
 
JBK:

I use Worden Bros. TC2000 charting software... Here is the scan used there:
C < 10.01 AND C >= H65 AND C1 < H65 AND BOP1 > BOP1.1 AND BOP1.1 > BOP1.2 AND BOP1.2 > BOP1.3 AND V >= 1000

What this is looking for are stocks that have equaled or exceeded their previous 13 week price high... Then it looks for those stocks in that universe that have had three straight days of MoneyFlow increase... Then it looks for those stocks in that universe with at least 100,000 trading volume...

SEEC may go back and fill its gap in the 5.00 area... The weekly chart shows a possible breakout from a bottom... Look for eventual tests of the 6.50 and 7.50 areas...

Jim