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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (4519)8/20/2000 5:53:30 PM
From: Bosco  Read Replies (1) | Respond to of 30051
 
Hi Zeev & Tim - regarding WSTL, how does the DSL shuffle between VZ and NPNT affect WSTL beyond the strike concern of VZ?

best, Bosco



To: Zeev Hed who wrote (4519)8/20/2000 9:41:27 PM
From: Logain Ablar  Read Replies (1) | Respond to of 30051
 
Zeev:

On WSTL the 13 and 200 ema'a are right around $17.5 so if the stock can cross and stay above for two closes it should move the the $21 area. All depends on the short covering. Shorts have been having a field day. Right now being below the 13, 20, 50 & 200 help make the chart look ugly.

The holy one. I go by my earlier analysis. Let is break $17.5 on volumn. If failed to even hit $16 on the new battery order this week. Not a good sign.

A pure TA play would be to stay out of both but I felt the stike settlement would help WSTL and could make it pop. We'll I've been wrong on these gambles before.

Speaking of battery's in my weekend reading Energizer is rolling out a $100 Million advertising campaign on their lithium technology batteries (its in Forbes). Part of the article comments were the batteries do not significantly prolong the life but the companies (Duracell & Raovac ?? also) are able to charge a premium.

I do like the coil on CMRC.

Well I was away from the switch and missed EMLX.

Have a good night

Tim