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To: Jim Willie CB who wrote (31690)9/3/2000 2:30:46 PM
From: Jim Willie CB  Read Replies (2) | Respond to of 35685
 
quick TA review of some promising midcap techs

CNXT (now 38) at doorstep of gap, could be quick jump to 50
Conexant daily stochastx crossover in progress
wireless sector has been dormant, could wake up soon

DITC (now 60) has base support built at 50, uptrending slightly
Ditech nice improving trend in relative strength
support here at 55-60 from Moving Avgs
almost no resistance up to 80
communications interface still hot

RBAK (now 149) has built nice uptrend support in last month
Redback MA's are clustered at 137-140 for more support here
after resistance here at 150, next resist is 175
the time has come for smart highspeed networking

FDRY (now 88) has built nice uptrending base from 80 to 90
Foundry daily stochastx bullish divergence evident
resistance at 105, nearby high resist at 130
relative strength improving nicely lately
perceptions of slower growth ahead, and taking on Cisco/Juniper
if recovers its somewhat bad press, then could move easily

INSP (now 40) has begun to jump up thru the gap from last month
Infospace gap is 35-48 in my view
could be easy move in gap completion to 50
told of Infospace execs in Europe sealing a deal

comment:
midcaps are leaving largecaps in the dust for big gains
nice strong 30-40% moves all over the place
Corning gets all kinds of headlines for 30 pt moves
but that is only 10% gain
much easier money in the midcaps, guys !!!

/ Jim Willie



To: Jim Willie CB who wrote (31690)9/3/2000 3:03:02 PM
From: T L Comiskey  Read Replies (1) | Respond to of 35685
 
re nothing is easy...some of the reg traders on the cnxt thread are waiting for a bit of a melt before re entering....
We shall see
Shaken not stirred
T