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

To: Connor26 who wrote (1160)	1/6/2001 10:10:58 PM
From: Susan G	Read Replies (1) \| Respond to of 5732

A few with potential, pulled from a Qcharts list of the only stocks that bucked the trend on Friday, closing green.... AWRE, announced Friday mid morning that they would meet or beat expectations. How nice not to have to worry <g> Fridays volume was 3x average, with 21 blocks but still could not break resistance at 16 3/4, although it did fill a gap down from Tuesday. Lots of overhead resistance, but it may recover from tax selling now. AWRE had a three outside up bullish reversal Friday. siliconinvestor.com XOXO, have been watching this for quite some time, and it has shown strength recently, as well as extraordinary volume last week - with 811 blocks and 4x average volume on Friday. Closed at the high Friday, Something must be up. The 60 minute chart shows a triangle which started breaking to the upside late Friday after hitting 25 earlier in the week and pulling back. siliconinvestor.com AGIL, our old favorite surprised me Friday, after buying it Thursday. I was getting ready to dump it for a loss, but it fought to recover all day. Must have surprised the herd who jumped on it short at the open due to a free newsletter's short call <g> I held and will try to hold through this week as it finished really strong with a bullish harami reversal on Friday. A bottom maybe? MAYBE <g> siliconinvestor.com BPUR, had a bullish engulfing reversal on Friday. Looks to have put in a double bottom last week, and closed strong and above the 20EMA60 on Friday. Has resistance at 20 2/4 - 21ish. siliconinvestor.com NUFO, is the selling over? Looks like it's put in higher lows the past few weeks. Several good articles mentioning it lately including this one this week. Message 15137576 siliconinvestor.com Looking at the dailies is pretty useless lately...and these 60 minute charts show the recent moves more clearly. If the charts do not come up (what's wrong with SI charts lately?) they are all 60 minutes.

To: Connor26 who wrote (1160)	1/6/2001 10:25:52 PM
From: bobby is sleepless in seattle	Read Replies (1) \| Respond to of 5732

GLW... Seems to be a favorite for several of us and wanted to give glw a closer look. Currently, i have no position, but await an opportunity to go long as the fundamentals remain strong, tho susceptible to market currents as evidenced by the daily and weekly charts. Connor, I borrowed the daily chart from Jenna (hope she doesn't mind, such a pretty chart!) as this will pick off the short term indicator. Additionally, I've opened the time frame and the weekly exposes what some might consider a warning signal, a head and shoulder development. right now, we're only a couple points away from the neckline or arguably at that point. If this is broken with confirming heavy volume, what's the potential move down for GLW and utlizing what type of measurement? measuring the height of the pattern from the peak to the neckline makes glw worthless (113-45). Don't think this is gonna happen. so, i defer to support/resistance, and it is possible for a return to 25 under this scenario. Maybe following a trendline until broken on convincing volume (more than a day) and confirmed price action above that line for another option. If the neckline line is pierced and broken, the shorts will salivate (or add to short) at opportunity. the conservative shorts will initiate positions with failure on the return move to the neckline, basically closing below it after an attempt to make its return above the neckline. Or, glw bounces from here and never looks back...g's... Anyway, H&S is not a 100% relaible indicator, but considered by many to be one of the strongest reversal technical indicators. Additionally, glw will move with the broader market. So, fairly safe to say continued deterioration with compx, so will glw. daily (courtesy of jenna) Message 15137098 marketgems.com weekly sites.netscape.net glad you posed this question to jenna, and wouldn't mind seeing further input.