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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (113675)9/10/2000 3:43:50 PM
From: puborectalis  Read Replies (1) | Respond to of 120523
 
Giants are not that good.....the Eagles always have a letdown after beating Dallas....lack of any competent receivers along with a rookie QB spell a long season!



To: Jerry Olson who wrote (113675)9/10/2000 3:55:34 PM
From: SMALL FRY  Read Replies (1) | Respond to of 120523
 
Hi Jer,

KLAC - I had the gut feeling as I told you about a week ago that this stock was acting very weird, bucking the SOXX all the way through and posting above average daily gains while everything was on a slight downtrend, including AMAT. It was grossly overbought and finally, it just got too heavy... now it's raining $$$$ in a big way. As it did outpacing the SOXX on the way up, it's outpacing the others on the way down... :)) You know it actually broke the 50 and 200 DMA in the same day? How often does that happen?

I picked up INSP prematurely at 27 1/2... it dove to somewhere around 25+ before I woke up for an average down (a no-no for mo-mo stocks, of course) at 26 3/8... the rest is history. :)) I believe most everyone here picked it up between 27 to 29, which is great. I have a LT INSP core that I never touch... and I also have some that I trade actively everyday. My read is that once it breaks the 44 resistance it has the 200DMA (47) to get past... if it does, good bye. There are a series of minor resistance along the way but the major one is at 62 1/2. Heck that's a lot of wine from here to there! :)) Of course that's my very amateurish interpretation of this chart thingy.. <g> The Fibonacci retracement don't even come into play until 69...

IMO the next big play is longside of SCNT... DD required.

JMHO,
SF