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Strategies & Market Trends : Multi-Day Momos -- Ignore unavailable to you. Want to Upgrade?


To: Lawrence Burg who wrote (331)12/20/1999 4:19:00 AM
From: Lawrence Burg  Read Replies (1) | Respond to of 397
 
SCRI & VSAT continue to show improved DMI divergence. VSAT should pop towards mid-week. SCRI should also spend a day or two consolidating, but watch for building volume, 200-250+K.

MADGF hasn't lost its edge, it's just a little flatter, or more controlled...there appears to be bases @ $2, $3, and a quick $4-5, but the length of stay at each is getting shorter. Again, look for building volume, and the $5 level. Still very healthy, w/a great fundamental line.



To: Lawrence Burg who wrote (331)12/20/1999 4:45:00 AM
From: Lawrence Burg  Read Replies (1) | Respond to of 397
 
CMPC is cheap under $4.50. LTWO under $4.

On the big board, DIS s shaping up very nicely...end of year selloffs holding it down? Might be really smart to grab some before Y2K.

FIMG showing a classic rebound, so far.

First time LWN DMI's have run + in a loooong time. Watch the shorts, and yours.

MABAC...just maybe. Something's been building.

NSTK look slike it wants to break loose...

ONPT has gone virtually nowhere while the DMIs idle upwards.

TVTGF is volatile, but get 'em cheap, it looks pretty good.

Overall, I see a lot of tired charts, that started running around Halloween. Could be some pretty big corrections coming on those runners. It does however make it real easy to pick out the few that are just building a good head of steam, or are improving into next year, as those above are...