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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Clint E. who wrote (32346)	5/19/2001 12:31:30 PM
From: Johnny Canuck	Read Replies (3) \| Respond to of 69762

Hi Clint, That storage group looks like it has quite a run already, but if the currently rally continues a lot of stocks looks good for the next move up. MCDT had broken the 100 day EMA and has an OBV break out too. It looks really strong. 207.61.23.99 BRCD is challenging the 100 day EMA now. It failed on the first attempt, but I expect to get through next time if the market cooperates and given the relative strength of the group. 207.61.23.99 QLGC has already broken its 100 day EMA and looks to continue up again. 207.61.23.99 CFLO is a bit of laggard, but it has based nicely. The OBV indicates more strength in the stock that is being reflected in the price. I am not sure what is keeping it down. 207.61.23.99 EMLX above it's 100 day EMA and within spitting distance of it's 200 day EMA. 207.61.23.99 Surprisingly EMC looks very sick. The move to the 100 EMA has been accompanied by weak OBV. 207.61.23.99