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Technology Stocks : John, Mike & Tom's Wild World of Stocks -- Ignore unavailable to you. Want to Upgrade?


To: wlheatmoon who wrote (1681)8/7/2000 9:33:46 AM
From: John Pitera  Respond to of 2850
 
I think CAMP looks pretty good, but I am factoring the
fundamentals on it.....or so I think anyway -g-

It would be better had CAMP not gone below it's 200 dma and
was back above it. If CAMP does not pop back above it's
200 dma this week that would be a negative.... and we'll
have to start to ask why this is.

regarding those charts you posted last week, you are right
that a stock is weaker if it goes substantially below it's
200 dma and the first several you listed had done that and
had yet to make lower lows in price while making higher
lows on the RSI's and MACD's and hence they had not momentum
divergence buy signals.