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Technology Stocks : Thermo Electron (TMO) -- Ignore unavailable to you. Want to Upgrade?


To: gcrispin who wrote (391)10/31/2000 10:38:45 PM
From: Sr K  Read Replies (1) | Respond to of 450
 
TMO hits a 52 week high after an extended washout, of course that's bullish.



To: gcrispin who wrote (391)11/6/2000 10:42:21 AM
From: Yogizuna  Read Replies (1) | Respond to of 450
 
Hi gcrispin, I might be a buyer if the shares can pull back to the 25/26 area, where there is rising trend-line support on the hourly chart (which is now toppy), or at 22/23, a rising trend-line support area on the weekly chart.....
The monthly chart is still constructive here, but it is beginning to become overbought. TMO is a good stock to buy on the significant dips, but I try not to chase it. If I miss the move, I miss it. Yogi