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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (7345)1/4/2001 10:18:47 PM
From: Jibacoa  Read Replies (2) | Respond to of 13094
 
<<Nice move on DANKY... It's above its 13 day MA... We may see some profit taking...>>
Yes, but it has had a nice move. I wish all my "bottom fishing" would have such good % moves.

KM: Not a bad move since last week. Still may have some room to go.

SQNM: Bought some today at the opening. Planning on staying with it for a while if the market cooperates.

INAP: Long on it since last week. Increased position this morning.

ODP: Pretty good move since last week. They announced some store closings. Resistance now at the Oct.31 H of 8 3/4

DOW: Looking for it to hold the 10,500. Next resistance the Sept.6 H at 11,400.

QQQ: Watching the support at the 51 level. Next resistance at the Dec.11 H of 74.78

NDX: Watching for retest of the 2100 level. Resistance at the Dec.11 H of 3000. The extra 1/4 cut by the FED late today may help the NASDAQ tomorrow.

I would love to have a couple of weeks like this one.

Regards and good luck.

Bernard.



To: James Strauss who wrote (7345)1/4/2001 10:46:48 PM
From: Jibacoa  Read Replies (1) | Respond to of 13094
 
JIM:

FAME: The chart doesn't look too good, but it may be making a bottom. The H was 19 back in March. Revenues and earning are up and the P/E is less than 6 1/2. They have $4Mcash/share, with a current ratio of 10.5.The insiders own 37% and the float is only one million. I am long on it. What do you think?

CMGI: Also making a bottom? Support now at the 4 5/8 to
4 3/4 level.As you recall the H on that one was 119 back last January.We could see a short squeeze since the short position is about 9.4% of the float.

Bernard