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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Ken W who wrote (23009)12/23/2000 1:42:03 PM
From: Sergio H  Read Replies (1) | Respond to of 29382
 
Hi Ken. We had a great time in the city. One of the hightlites was seeing the xmas tree at Rockerfeller Center. My younger son was intrigued with how the tree is thrown out after xmas. We saw Mummenshantz at Lincoln Center. Very difficult to describe exactly what Mummenshantz is. Incredible performance...a lot of fun!!!

Catching up with the market activity over the last few days,
it is evident that we are experiencing tech slumps to new lows followed by rallies to lower highs. There's still to many weak hands holding tech stocks. The SOX and NDX charts are not promising. The DOW chart on the other hand, looks attractive.

On individual stocks, CHK now has a gap to fill. RDRT forming a triangle. I'm looking for volatile move in mid-January, with sideways action until then. AH, too quiet for you, has a C & H formation and analyst meeting scheduled for next week.

Gold index is turning bullish. There's a little (lower) gap in the XAU and then UP!!! Euro is a good bet for parity with US dollar.

I like Robert Popejoy's SLR. Waiting for gap to fill for entry. Chart on stock that Lucky Larry mentioned, SWC is interesting. Larry's WAG reports next week and looks worth a bite after earnings are released. I am looking at AET leaps - value play. I think that I mentioned ADIC to you last week. Classic chart move!!!

Last thing, I didn't have an opportunity to mention earlier, excellent call on RDRT filling the gap after the failed reverse H & S signal.

Sergio