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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Voltaire who wrote (865)9/13/2000 10:30:32 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 65232
 
quick TA on Rambus: nothing real detailed

up nicely today, but cautiously so
should make a beeline to 90-92
might easily encounter resistance there
that could allow a Cup&Handle to form

an excellent buying opportunity with some safety might present itself afterwards
if it comes down from 90-92, it could form the rightside Handle
or it could simply pause to Handle coffee drinkers there
either way you have a delay in the 86-92 area

THAT IN MY PUERILE OPINION IS THE SAFE BUYING OPPORTUNITY

after that, expect resistance at 100 and then at 110
in five weeks I wonder what MY buying opp might be
probably 50-50 chance under 110, but I doubt it

relative strength in the last few sessions has been treading water at midrange quiet levels
daily stochastx indication has been showing end of downcycle in last couple days
after today it should register a strong buy signal for rest of week

this is coming vermuch out of MicronTech's hide
since they announced lawsuit, MU is down over 25%
that should have been the confirmation of lawsuit imminent asset as you so aptly put it

Martha, oh Martha, you still look good
/ jim



To: Voltaire who wrote (865)9/13/2000 4:32:26 PM
From: pinhi  Read Replies (1) | Respond to of 65232
 
I'm on the Bus now too, Tom. eom

Pinhi