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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Boplicity who wrote (15155)	4/29/2001 10:24:01 PM
From: waverider	Respond to of 30051

Looking at some charts this PM and thought I would contribute some observations here. TARO. I pulled back a couple days ago, bounced off the upward trending channel and appears to be headed to new highs again. askresearch.com Earnings come out before the open tomorrow. I am waiting to see what happens at that point. Also TRC. I own some of this. A really thinly traded stock. Only 1 million share float out of 12 million outstanding. About 4 funds and 1 director own the majority. They own 270,000 acres of California real estate along HWY 5...the grapevine. Planning on building 6000 homes shortly. Just signed a deal with Calpine for building a power plant on a part of their land. The chart volume has really picked up since January and the stock has been on a steady climb since then. askresearch.com I've been accumulating this for awhile now. Keep an eye on it. I mentioned QCOM in my last post. Would still appreciate any comments there. Good luck trading next week. Glad I found this thread. <H>