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To: Venkie who wrote (751)5/18/2001 10:33:34 AM
From: Venkie  Read Replies (1) | Respond to of 13815
 
xtreme Networks (EXTR) - Broadband solutions provider EXTR gave
traders a gap-adjusted long of 36.55 on May 2nd, and they took quick
profits as it sold off from an intra-day high of 38.11. On the 14th the
stock bounced off an intra-day low of 27.52 near its 22 and 50 DMAs and
traders went long. Thursday it closed at 36.81 on heavy volume for a
total possible gain of 38.38%. We suggest pulling stops up if you
haven't already done so. Add to positions over 38.36 with tight stops.
If EXTR fails to move higher and hold, aggressive traders may short it
as it bounces down from near 37. Look to turn and go long on a bounce
near 30-31. Optionable.

FuelCell Energy (FCEL) - Alternative energy provider FCEL gapped down
May 4th to take out our planned short entry, but the gap-open tactic
kept traders out of what would have been a bad short. Instead, some
removed their stops before the open and didn't even EXIT from their
prior long position! FCEL really picked up steam on the 8th to provide
our 70.63 long entry, and now has an incredible two-day streak going
with Thursday's 85.28 close. That's a hefty profit so far of just over
20%! The stock is looking a little extended here, but given the energy
environment, we're not TOO worried about a pullback. Tighten stops and
nibble on some more shares over 86.50, but be certain to maintain a
trailing stop. If the surge runs out of steam, skilled shorters can
enter on a move below 76.25, and again, follow with the tight stop.
Look to go long on a bounce near 70-71. Earnings are due May 31st, and
the street anticipates that last year's 0.13 loss will grow to a 0.35
loss this time. Optionable.

Ballard Power Systems (BLDP) - Canadian fuel cell researcher BLDP
rocketed higher following comments from President Bush Thursday, who
indicated that tax credits for hybrid vehicles will play a role in his
energy policy. The stock, which closed at 49.23 Wednesday after
providing our 48.75 long entry, tacked on a stunning 8.37 points to
gain 17% in one day! Along the way, traders picked up our second long
entry above 53 en route to Thursday's 57.60 close, which obliterates
recent resistance and leaves BLDP looking quite extended. Nibble long
over 60.13, but watch for resistance to show up near the 200 DMA at
68.26. If shares bounce lower from there, consider a quick short. If
shares retreat immediately without first heading higher, look for an
opportunity to enter long on a bounce near technical support at 53.90-
55.90. Optionable.

PerkinElmer (PKI) - Traders entered PKI long over 66 April 30th, but
those who hadn't taken profits by the close were victimized by a
downside gap the next morning that resulted in a small loss. PKI spiked
Thursday to close at 70.12. Enter long over 71 but watch for overhead
resistance from the 200 DMA at 75.18, where skilled shorters might want
to take a position if a pullback ensues. PKI splits 2-for-1 June 4th.
Optionable.

Flextronics International Ltd. (FLEX) - This electronics manufacturer
has traded for the past three weeks in a pattern between lows near
24.50 and highs near 30. This range is also bound by the 50 and 200
DMAs. Thursday's price action had FLEX testing 200 DMA resistance at
29.99 before closing at 29.58 on average volume. If buyers can push
shares out of the current range, go long over 30.50 to take advantage
of a breakout. If resistance proves to be too much, go short on a
bounce down from near 30. Keep tight stops and be ready to turn and go
long on a bounce near 25-26. Optionable.



To: Venkie who wrote (751)5/18/2001 10:46:57 AM
From: Sig  Read Replies (3) | Respond to of 13815
 
No Delldead today. Stopped out today for zero gain. Now called Allyhead
45% Ally
20% stor
9% Nvr
7% intc
5 % Dell
and some Plums for spice
I also have stops on nearly everything
Sig



To: Venkie who wrote (751)5/18/2001 11:42:48 AM
From: T L Comiskey  Respond to of 13815
 
V...
news on ST from the short side
Tim

To:Michail Shadkin who wrote (707)
From: Bocor
Friday, May 18, 2001 6:11 AM
Respond to of 732

Michail, not gonna waste my time posting them all, but today alone in excess of 500,000 shares are registered for
STOR.....among the seller are directors, officers, etc.
Another day, another set of sellers....