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


To: Ditchdigger who wrote (19473)4/5/2000 6:30:00 PM
From: Sergio H  Respond to of 29382
 
Senor El Ditchdigger, SBC got a holy chart with overhead resistance at 49.75. Gravity pulling to 37. Long term trend is up and could continue, but it needs work from my viewpoint. Speaking of long term trend....the Bomber keeps on chugging.

Back to SBC and as per your request the MA crossovers. The sector is looking bullish with a potential rally imminent.
A look at the Phil Phone Sector index of which SBC is a component indicates a 10 day MA crossover the 50 day MA in
Nov. and the 50 day MA just 3 points under the 200 day MA. In my opinion 50 day /200 day MA crossovers in indexes are still reliable signals.

HLT...have a look.

Sergio

ps Krispy Kreme...wasn't that an Instock endorsed brand?



To: Ditchdigger who wrote (19473)4/5/2000 6:47:00 PM
From: Sergio H  Read Replies (1) | Respond to of 29382
 
Also, a look at where the large block money went today:

Up Industries
Name Money Large Up/Down
Flow Blocks Ratio
Semiconductors +$825.7 +$459.9 1.08/1
Financial Services +$621.4 +$536.5 1.51/1
Telephone +$506.1 +$358.8 1.21/1
Computers +$491.9 +$250.1 1.15/1
Cellular & Telephone Services +$317.6 +$202.0 1.07/1

Down Industries

Software & Services -$149.5 -$383.4 .98/1
Networking -$27.6 -$15.8 .99/1
Agriculture & Commodity Foods -$24.0 -$28.2 .76/1
Aerospace -$18.1 -$14.6 .85/1
Recreation Equipment -$18.0 -$16.9 .65/1