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To: Bucky Katt who wrote (8924)6/6/2001 6:59:21 PM
From: Jibacoa  Respond to of 13094
 
RMTR: Closed one cent below today's H for a gain of 16.7% or 28.9% since Monday's close.<g>

It closed at the May 29's H, but now it has to deal with May 30's H at 3.95 If it can do that, then it also has the May 22's H at 4.44 before it could test the May 8 H of 5.63

The nearest support is now at 3.57 and a broader looking one at 3.22.

It gave a buy signal on May 5 at 10.30AM on the 60 minutes chart at the 3 level, but I took some profits today.<g>

Bernard



To: Bucky Katt who wrote (8924)6/6/2001 8:00:05 PM
From: xcr600  Read Replies (1) | Respond to of 13094
 
Anyone know of a free site that one can get quotes on junk bonds, credit spreads etc.. ?? I'd like to track some of the debt that a lot of these bloated pigs still float (amzn, lvlt, etc..)

thanks

rat HDTV up huge on news today w/Fuji. Don't know who was trading this one (the ecn's were fairly quiet for the most part) but it was a nice play. Of course silly me sold much too soon.



To: Bucky Katt who wrote (8924)6/7/2001 1:05:28 PM
From: James Strauss  Read Replies (1) | Respond to of 13094
 
William:

These major bank warnings will guarantee future rate cuts... While it's bad for those employees that get layed off by the banks, it will improve the bank's profitability by providing wider spreads between the Federal Funds rate the amount they pay out in interest and get in loan interest... This could actually spur capital investment as banks become more liberal in their loan decisions because the FED is giving them a guaranteed free ride... We saw it during the S&L crisis and we may see it again...

The Nasdaq might be signaling this...
bigcharts.com

More bank money available opens up more capital spending opportunities... This could wash through the tech sector in the next 3 to 6 months... Continue to keep an eye on Nasdaq 2250... If that breaks we should see a test of the 2375 area... Also, INTC could be the catalyst for this...

Jim