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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: drsvelte who wrote (25761)3/27/2000 1:23:00 PM
From: shasta23  Read Replies (2) | Respond to of 68398
 
HI DOC!

Yes holding CPTH! and waiting for a good spot to add to position. I just bot a tiny pilot position. So far the stock can't show strength despite the upgrades and recommendations by FORBES(look back a few messages in the thread for the link). Maybe accumulation is not over yet.

Looking to reenter MERQ. It's in a trading range right now with a traingle formation on the 15 min time frame. THey faked a breakout earlier today but volume was so low that i didn't buy and the stock fell back in the range.

Didn't you own some HLIT too? Stock looks weak here and formed an island reversal on the 15min time frame. Looks poised to test at least the old low. But it might go lower. I sold last week when it couldn't take out 110 in a decisive matter.

sabbatical...i should do that too sometimes!!
Actually this whole market thing started (1996) for me when i took a long sabbatical from my job in Germany and moved to the USA and started learning about the markets. Before that i had my money in a money market account and didn't know anything about mutual funds or stocks.Actually still feel i don't know anything about it...

Stefan



To: drsvelte who wrote (25761)3/27/2000 4:00:00 PM
From: Johnny Canuck  Read Replies (1) | Respond to of 68398
 
Hi Doc,

>>Anybody follow SAWS? I like this company, but seems mired
>>in congestion between 50-60.

I was surprised it was not mentioned in the article Tim posted on component shortages. It must have very low Wallstreet visibility. It never seem to recover from the rumor that they might be replaced in the QCOM design.

It looks like you are considering an extended break like I am. I can't seem to work up the enthusiasm to sit through another round of conference calls. When I get to that state, I know it time to quit for a while.