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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: brogan who wrote (18905)2/17/2000 8:36:00 PM
From: Ken W  Read Replies (2) | Respond to of 29382
 
brogan

ANET:http://207.61.23.98/t/timely5html?fc=25&le=2&lg=2&fd=1&fb=anet&fa=anet&fe=61&fh=1&fg=2&ff=3&fi=2&fj=200&fk=2&fl=50&fm=3&fn=13&fo=4&fp=14&fq=0&zz=SEND

See if we agree on this one then, you mentioned it. <ggggg>

Looks like a trading range is developing while the stock waits for something to happen. STOCH's are looking a bit overbought so I would expect the range to tighten down to just around the 200dMA until the 50dMA either crosses over to the upside or bounces down off the 200dMA which would send the stock back down to the 8 to 9 area. Looks like there is some time to play until an outside force moves the stock up or down. Upside looks to be 15ish.

FA wise the cash is a real plus, I agree, very little down side to the stock IMO To bad we did not see this one at about 8 huh!

Ken