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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?

To: Trumptown who wrote (9357)	2/13/2001 11:10:17 AM
From: Bernard Ng	Read Replies (2) \| Respond to of 11130

SR57... :-) ORCL had a breakdown before, now, $24.5 is a strong resistance, if it trades above $25, then we can go long. If it drops below $22, we can go short. NWLC, it's basing at 0.3125, looks like the institutions are getting out, see ya in OTC before summer IMHO. BYND, there is nothing to chart, look just like NWLC, see ya in 0.3125, then OTC before summer IMHO. ROBV, if it breaks above 3.5, we can have a trade there, same as if it breaks below 2.75, in either case, the trading range won't be very high... need to wait a bit for some bigger gains in either way... doesn't look like a good trading stock to me, because whenever you have +/- 0.25, we are about to store there... DIOD, basing at 12, so it's natural to strong short it below 12... however, I can see that it's forming a rounding bottom, wanting to go up, expect a resistance at 15. I will go long if it trades about 13, that's like a confirmation that we will get our rounding bottom. Hope this helps... and not too late for you to read them. Bernard