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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?

To: Connor26 who wrote (1100)	1/4/2001 11:27:33 PM
From: Susan G	Respond to of 5732

AGIL I'm game <g> Bought right before the close and was underwater a point by the close. That was after getting stopped out first thing this am...it sure was one of those days. But I will hang in there, as I will be out on biz M-W and I want a few things to hold as a swing trade while I'm gone : ) I'll be having major web withdrawals next week for sure! Can't wait to get this project finished <g>

To: Connor26 who wrote (1100)	1/5/2001 12:06:27 AM
From: Susan G	Respond to of 5732

Connor, After just posting to you that I've lost my read and I'm not sure at all which way BEAS is headed as it seems weak...I looked at a 65 minute chart (A time frame Teresa has trained us to use for longer time frame trades) and saw this pattern which occurred after a similar ballistic move. The triangle itself hints of a big move either way to come, and if it follows the same pattern of the last ballistic move, it could move up fast as it did then. Similarities being a steady erosion down, a big move up in a short time period and then a retrace of about 50% to an area of short term support right below the 20ema. Which way it goes will all depend on the Nas. This stock trades up and down with the futures lately and does not buck the trend as much as it used to. And these similarities in patterns could be meaningless, but it sure is interesting! home.earthlink.net

To: Connor26 who wrote (1100)	1/5/2001 12:07:04 AM
From: bobby is sleepless in seattle	Read Replies (2) \| Respond to of 5732

held two for gappa, both offset, one intraday with WM catching the falling knife for a two point bounce. after monday's historic gains, waited to see how things set up. Had we gone to newer highs off the morning double top, I would have longed the usual suspects...great setup for short off the dble top. i think we're OK at this juncture, like to see a pullback tomorrow morning with a strong closing rally, right!? the nasdy is seeing strong volume with the average over 2.3 billion the last 10 trading days. Volume on the nyse is very strong with 10 day average over 1.2 billion. maybe we're trying to find footing with this activity, and certainly want to buy beas(t) for the long haul (instead of intraday, maybe two days :)) allright, the X factor is on with AGIL. I'm looking for a 5-10 point swing off the lows tomorrow. btw, could you tell me where that exact low will materialize, pleez!...g's...

To: Connor26 who wrote (1100)	1/5/2001 1:51:01 AM
From: Susan G	Read Replies (3) \| Respond to of 5732

Corning Inc. GLW $55.25 +0.19 (+2.44 this week) New Bullish Plays ==================== When Armory Houghton's company supplied the glass for Thomas Edison's first light bulb in 1880, he had no idea that fiber-optic descendants would one day transport light waves of data. The Corning, New York company is best know for its Corning Ware and Pyrex consumer products. These days it is it's fiber-optic products, which use photons to transmit data, that accounts for 60 percent of sales. Corning sells twice as much fiber-optic cable as it's number two rival Lucent. The company's Advanced Materials division produces 25 percent of sales making a variety of industrial and scientific products. For the first nine months of 2000, total revenue increased 49 percent to $5.13 billion. Net income also had a banner time rising 31 percent over the same nine months to $479.1 million. Income would have been even more impressive excluding a $139.7 million acquisition charge. The consensus estimate is for the company to earn $1.16 a share for the fiscal year ended December 2000 and $1.24 in 2001. Concerns over reduced spending by cash strapped telecommunications companies put GLW into the thick of the tech slide. But no company is better positioned to benefit from the Fed cut in interest rates. News that $750 million in bonds from telecommunications services provider McLeodUSA (MCLD) were receiving a warm welcome from capital markets, means that Corning clients may not be cash short for long. This is extremely bullish for Corning stock and means the company should have the ability to exceed consensus earnings estimates. Given its current depressed levels we see little downside and enormous upside for stock. After joining in Wednesday's Fed rally, the stock managed to hold most of these gains on Thursday to close right at critical resistance. Should the stock clear this area of congestion it will not meet significant levels of resistance until $73 and $80. Conservative traders will wait for a breakout above $57.50 before establishing a position. Downside support should be found at $51 and $45. Picked on January 4th $55.25 Gain since picked 0.00 Earnings Date N/A (Not Confirmed) members.netbulls.com Closing Bearish Play ==================== Corning Incorporated GLW $55.25 -0.19 (+2.44 this week) We were stopped out of our GLW play on Wednesday afternoon following the FOMC's announcement of their decision to reduce interest rates. Prior to the announcement, shares of GLW were trading around $46 and displaying continued weakness. It looked for a time as though resistance at $52 might intervene, but the buying interest was too strong and our stop-loss was triggered at $52.13. It will be interesting to see if those who bought on Wednesday will choose to hold the stock in light of concerns over the company's upcoming earnings announcement. For the first time in nine quarters, the possibility exists that the company will fail to exceed analysts' estimates for earnings. Shares of GLW did manage to hold up reasonably well in today's trading, giving back only 19 cents of yesterday's gains on average volume of 11.6M shares. It has become a moot point for us, as we will pocket our gain of slightly better than 4 percent and bid farewell to GLW for now. Picked on December 22nd at $54.50 Gain Since Picked 2.37 Earnings Date 01/24 (Not Confirmed) members.netbulls.com ===