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To: Peter V who wrote (11587)1/22/2000 5:47:00 AM
From: Thean  Read Replies (1) | Respond to of 14427
 
Pete,
PUMA is trying to move higher. It crosses the midline BB and marched above the 95 resistence today. The long term stochastics is also showing a pending crossover.

siliconinvestor.com

However, it needs to convincingly close above $110 to lift itself out of the current congestion band. I'm looking at BB to see if it can ledge on the upper band to keep surfing upward. A classic upper band surfing would be very healthy. Short term, it may pullback to retest $94-95 again. If held, then more power to PUMA.

PHCM broke out today. Look at this chart:
siliconinvestor.com

I think PHCM is now poised to challenge its all time high. But that may have to wait till after we get a general Nascrap selloff.



To: Peter V who wrote (11587)1/22/2000 11:04:00 AM
From: SJS  Respond to of 14427
 
Both PUMA and XTND (probably related to XTND earnings announcement and the lack of any previous sell-off before this week....) are probably both ready to resume their upward move.

However, I would wait to enter PUMA based on their earnings announcement to make sure the "coast is clear". PUMA, due to it's previous large move, might still need some consolidation and the earnings event might be that catalyst. I think the timing issue is just being prudent. You may loose a little upside if they kill their number, but it's better than losing some on the downside in real money.

JMHO.

Steve