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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: Daveyk who wrote (7844)5/22/2001 2:02:10 PM
From: leum  Read Replies (1) | Respond to of 19219
 
CNBC trashed KM this a.m. stating that based upon recent studies K-Mart prices are several cents more on average than Wal-Mart or Target (K-Mart made a nice little profit for me ... thanks Dave). This they report was out of Goldmam et.al. One guest analyst said stay away from K-Mart that Wal-Mart is a better buy. This is from the same folks who were stating everyday since last September (or longer) that now is a good time to buy. You do know that stocks are never going to be cheaper ... LOL! Waiting for Godot ... I mean gold.

Dave



To: Daveyk who wrote (7844)5/22/2001 2:12:20 PM
From: J.T.  Read Replies (2) | Respond to of 19219
 
I would sell KM right now into strength above KM 12.20 and reenter right above the 50 day MA around 9.75 - 10 . This stock is overbought across all rsi levels the 5 and 21 day, the weekly and monthly rsi.

Best Regards, J.T.


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