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To: Clappy who wrote (7326)3/14/2000 1:05:00 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 35685
 
TA on Ramtron RMTR: "nice breakout"? tremendous breakout!

looks like an bastard Elliott Wave breakout
not a triple leg move, most likely more
first two legs were 7-8 pts
this one at least 10
my guess is this leg is almost over
then big pullback on profitaking
followed by final upleg to something like 37-38

big uplegs are typically followed by a final retest of highs with less volume and less gains, but gains nonetheless

/ Jim



To: Clappy who wrote (7326)3/14/2000 1:14:00 AM
From: Jim Willie CB  Respond to of 35685
 
TA on Superconductor SCON: wow, ready to move again

what a huge run to 100
nice bounce off 18day MA and quite a move in response
look for a continuation after this correction
might give back some of today's gains
but resumption is extremely likely
and growth rate likely to be much more subdued
after a 10-bagger from January, digestion then slower growth

stochastics and other technicals like RSI dont mean much here
this seems like a revolutionary firm
/ Jim



To: Clappy who wrote (7326)3/14/2000 1:21:00 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 35685
 
TA on CRA: another moonshot, coming down a little more

the 18day MA held up some, only stemming the bloodflow
but money flow is slowing on downslide, which is good

stochastics appear at extreme low, about done
relative strength seems to have responded to neutral levels
likely to see another bounce very soon
since its RSI is now at neutral level again

retrace 3/8 ? dunno, more likely it will seek out next MA
and seek out past buying levels where support worked before

170 is where 30day MA rests now
160 is where past buying was seen

very loud downside reversal today, ouch
signals more moves down for sure, just a MA bounce

my guess is between 160-170, depending upon possible changes to their story
/ jim