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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 (7625)1/22/2001 3:08:19 PM
From: Bucky Katt  Read Replies (1) | Respond to of 13094
 
Jim, I see JWEB popped up on the new 13 list,
I had a bunch @1.25 & sold today around 3.75,
for a 300% gain, which was a little early....
These little dogz are like options that never expire.
Message 15173753



To: James Strauss who wrote (7625)1/22/2001 5:18:18 PM
From: Jibacoa  Read Replies (2) | Respond to of 13094
 
JIM:

JWEB: Closed today above the November H.It has had a good move since the buy signal on the 60 min.chart on Jan.12 at 1 23/32.

The next hurdle seems to be the Oct.2 H at 4 15/32 and then the Sept.14 H at 6 3/16.

Do you think it could have some consolidation back to the 3 3/8 level in view of today's up-gap?

As you recall back in 1999 it traded (From June to mid-December) at a range around 20 (from L of 13 to June H of 29 3/8 and back to the 14 -16 area in mid-December.

That was before that NICE RUN to the H of 87 on Dec.23, which I remember well because it was a NICE Holiday gift.<g>

Bernard



To: James Strauss who wrote (7625)1/22/2001 5:30:37 PM
From: Jibacoa  Read Replies (1) | Respond to of 13094
 
JIM:

Here is the news at 10AM that reversed WAC's previous early morning dip:

NEW YORK (Reuters) - Calvin Klein and Warnaco Group's (NYSE:WAC - news) chief executive Linda Wachner settled their bitter trademark dispute on Monday with a kiss in federal court minutes before a jury was to be picked in their battle over the sale of designer jeans to discount warehouse clubs.

The cordial exchange between the high-powered fashion figures not only signaled an end to the nasty war between the two, but breathed new life into Warnaco that could have been gravely hurt if their licensing agreements had ended. Calvin Klein jeans account for about one-third of Warnaco's revenue.

Warnaco's shares surged up 1-1/2, or 60 percent, to close at $4 on the New York Stock Exchange trading. The stock has fallen as low as $1-1/4 from a high of $12-9/16 in the past 52 weeks.

Bernard