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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 (7769)1/31/2001 3:37:08 PM
From: Jibacoa  Read Replies (1) | Respond to of 13094
 
<<My five selections>>

JIM: They look good.

I am long STMP. Even though it had a huge loss, it has $5.88 cash/share. Institutions have been buying.It already started to move up on Jan.26 in the afternoon,but the Sept. resistance at the 7 to 7.25 level seems doable coming out of "soucer pattern".

SKYM the major resistance in the 7.5 to 9 level, makes it for a possible 100% gain from present level, although it may be getting a little tired taking into account the nice run from the 1.56 level since Jan.26

SQST no major resistance until the Oct.27 H at 4 15/16 but it seems slightly tired from the run from 2 1/16 level on Jan.24

NTN: Probably has enough energy to test the Nov. and even the Oct. Hs, since the upside break out late yesterday afternoon.

USON should close at a new 54wks H. It should deal with the Oct.99 down-gap

RAGL

Bernard



To: James Strauss who wrote (7769)1/31/2001 3:45:48 PM
From: Jibacoa  Read Replies (1) | Respond to of 13094
 
JIM:

It seems things are turning to the negative side at the close.

The DOW now -9 The NASDAQ -61 and S&P -9

It seems most people wanted the 75 points cut.<g>

Well it won't be a NICE DAY but at least it will be a good one<g>

HLIT now only +23.38% and BIORY only +20% <g>

RAGL

Bernard



To: James Strauss who wrote (7769)2/1/2001 10:56:09 AM
From: Jibacoa  Read Replies (1) | Respond to of 13094
 
The MARKET:

JIM: I am ready to "take profits" as it seems the "market" is turning to the negative side.

Of course the selling after the expected "news" on the Fed's 50 points cut was no surprise, but looking at some of the charts of the DOW, NDX etc. it seems there is a good amount of overhead resistance and will probably retest some of the "support" levels.

Take the DOW for instance,it has a good amount of resistance at the 11,000 level from the intra-day Hs on Oct.31,Nov.1,Nov.6,7&8 and Jan.3&4. As you may recall the Oct.18 L was 9654 which is about the level it found support on the 1st and 2nd weeks in March. I guess we will have AG with more "interest cuts" before it can get there again.

The NASDAQ has "recovered" much less than the DOW and the NASDAQ 100 had an intra-day triple-top yesterday at the 2715 level. It seems it is going to test the Jan.26 L at 2526 and I hope it will not go back to the early Jan.Ls in the 2080 to 2100 levels.

I still remain "concerned" about the California energy crisis as it doesn't seems is going to have a prompt solution and it may get worse as the Summer approaches.It may have some extra effect on the "slowing economy".

At any rate, those are some of the reasons I am using to try to rationalize my decision of "taking profits", especially since January was a good month and is now coming to an end <g>

Take a pick at some of those charts and see if you come to a different conclusion.

stockcharts.com[l,a]dallyymy[df][pd20,2!c20][vc60][iub14]

stockcharts.com[l,a]dallyymy[df][pd20,2!c20][vc60][iub14!lg!lf]

stockcharts.com[l,a]dallyymy[df][pd20,2!c20][vc60]

stockcharts.com[l,a]dallyymy[df][pd20,2!c20][vc60][ilb14]

RAGL

Bernard



To: James Strauss who wrote (7769)2/1/2001 12:30:20 PM
From: Jibacoa  Respond to of 13094
 
Not too many double digit movers today <g>

Some of the up-movers:

ITRU TRNI HYGS TANN SPIR ARDI ZMBA LVCI

IKN FDP MGL IST

Caveat: I am long on LVCI <g>

Bernard