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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: put2rich who wrote (17523)	12/23/2000 3:14:09 PM
From: DOUG H	Respond to of 19374

Here's another in the same niche you may want to look at too. I watched CMRC late in the day on Friday and put in a lowball offer to see if I could get filled for a small piece. No Dice, it finished going up. I'll be looking at it on Tuesday. askresearch.com

To: put2rich who wrote (17523)	12/23/2000 4:03:06 PM
From: Vendit™	Respond to of 19374

askresearch.com The daily chart is showing a bottom beginning to form and a bullish candle formed on Friday. Williams which is the early bottom alert indicator has moved of the bottom of its scale and is now pointing up. Money flow should start to head up the next session showing that traders are once again accumulating the stock. MACD and Stochastic both show they are in reversal range but neither has a confirmed buy signal yet. First upper resistance is at $25 ¼ and if breached then $29 ½ is the next target. The gap at $30 will likely cause the stock to hesitate there. Lower support is about $20 1/2. askresearch.com How you put a stop loss for a 20 buck stock, for ex. I generally look at intraday 5, 15 and 30-minute charts to try and find a common support area which holds over a 3 day or so time frame. Depending on how convinced I am of a stocks bullishness I would normally put in a stop slightly under that level. You don't think we will go to a bear market I have no idea what the market will look like 30 days from now but I can tell you that a sell-off from 5200 to 2250 in a few months is a tad over done in my opinion. I see a tax cut as well as an interest rate cut by the fed in January as the catalyst that will spark the next longer term rally witch will be lead by the tech sector. This chart shows that the NASDAQ is about ready to make a short-term surge up. Be prepared for it to retest last weeks lows just one more time in the near future. This will complete the technical bottom. askresearch.com All is just in my humble opinion.