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Strategies & Market Trends : Group Therapy -- Ignore unavailable to you. Want to Upgrade?


To: country boy who wrote (935)3/22/2000 7:04:00 PM
From: Duane L. Olson  Read Replies (1) | Respond to of 4564
 
Hey, Country Boy, How goes? Good to hear you are still doing well with the LSI... Quick look at ATML looks positive on both TA and FA, from my fast look... Trading at about a PE of 40 on next years earnings... (projected up almost 70% year over year), and 20+% annual gains projected thereafter...
TA,,,,after successful test of previous high(s), breakout to new high, with support now at 59. Nice stock!
siliconinvestor.com
Good luck to you... hope you connect with E! for a "professional" assessment >G<
TSO



To: country boy who wrote (935)3/23/2000 2:14:00 PM
From: E. Graphs  Read Replies (1) | Respond to of 4564
 
Hi Country Boy,

It's true, I am in need of much therapy.

I looked at your picks and you know I really like ATML, have for awhile, but I think you did well to trade some. The semis were showing a lot of distribution last time I looked them over.....at least on my charts they were and may still be (haven't looked lately). I saw falling relative strength and bearish divergence, but maybe they are just consolidating before making another move up, eventually. That's why the longs will probably hold long.

This shows you a good comparison:

quicken.com

Now you've got the rest to see if they just do a double top, or make new highs. They've been in lock step with the Nasdaq for awhile now, but other groups can sometimes take the lead......who knows?

Good Luck!

E