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

To: country boy who wrote (1283)	4/30/2000 10:57:00 PM
From: Duane L. Olson	Respond to of 4564

CB.. "New Life" it was, on Friday. Now to find out if we get some follow through. If, indeed, we do get a little followthrough -- and if it continues on up to Naz 4400 as I'm expecting (hoping), there might still be some fun ahead.....and any pullbacks will be entry points 'til we get there. For what it's worth, for LSI I have set 76 as the equivalent of Naz 4400. I'm more confident of that now, because I had LSI at 62/63 as equivalent to a 3800 (or 3800 breakthrough)on the Naz...after hours, LSI closed at 62 1/2, right between 62 and 63. So I'll look for LSI opportunities up to a price of 76 so long as the Naz continues towards 4400. As for our SIN List, again for what it's worth, I have resistance for ELNK at 23 (pretty close), for NEON at 40, for YHOO at 147, for NSOL at 190, and for TIBX at 135. NSOL was outstanding on Fri...and afterhours it closed another 2 points higher. All our other "SINners" closed off in the afterhours. Perhaps entry points. But the best bets should remain in the SOX stocks, imho... As for CYMI, I don't understand the weakness... it "should" be trading quite a bit higher. The fact that it isn't might just be a major warning -- that "someone" else is acting on info that we don't have. I'm making a moderate bet on it here, betting on my understanding of fundamentals (and an "ok" on the TA turn), but ready to bail if proven wrong. All in all, should be fun Monday morning! Good luck to all of us <G> tso