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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?

To: 2MAR$ who wrote (8729)	7/26/2001 5:50:00 PM
From: wgh613	Read Replies (2) \| Respond to of 208838

BEAS moving up, CEO is appearing on Mariah Bartuoromo's program on CNBC between 7:30 and 8PM tomorrow. Maybe he will arrange for some good news tomorrow to make the company look good for his interview. Manny T.

To: 2MAR$ who wrote (8729)	7/26/2001 6:04:32 PM
From: Smart_Money	Read Replies (1) \| Respond to of 208838

TMTA is dead. Computer makers are not designing systems for them and prefer Intel and AMD. TMTA was overhyped and I believe on the edge of point of no return.

To: 2MAR$ who wrote (8729)	7/26/2001 8:26:32 PM
From: ChrisJP	Read Replies (1) \| Respond to of 208838

VRSN -- well it looks like my "hooked on phonics" lessons worked after all. Message 16132557 I read what looked like a good report only to see the stock dive. ISSX and RSAS traded down with it. But with VRSN now at 52 .... ISSX and RSAS seemed to have recovered with it. Sooooooo .... I guess we can conclude that AH traders are illiterate ..... are clueless ..... should not be allowed to handle sharp objects ... ? Chris

To: 2MAR$ who wrote (8729)	7/27/2001 6:11:55 AM
From: Jerry Olson	Read Replies (1) \| Respond to of 208838

Morning....i told Q girl to go long as we rallied up...that 1632 breakout on the NQ's i made in the room was ballistic...<g> here's my Sunday nite newsletter and i'll post my quick update i wrote for the intraweek this week too... i am taking my puter in for service this am... JERRY OLSON'S "POINT" OF VIEW NEWSLETTER DATED JULY 22ND 2001 Hi everyone, hope this newsletter finds you and yours in good health and better spirits...The Jersey Sea Shore was absolutely gorgeous this weekend...we met some friends for a party, and dinner, what with the beautiful weather and all that nice wine...hey "what could be bad?"""<VBG>... So what the hecks going on here huh??...WILL WE OR WON'T WE GET THIS MARKET MOVING AGAIN?..I have to say this much...they could have taken it down hard, very very hard...what with MSFT--IBM--DELL all warning about the next Q???..it was to say the least pretty amazing that we held this level at all!!!! There's a lot to talk about this evening...1st, we have a cycle low date coming in on the 25th of this week...I would like to see any downtrend move into that date as a higher low on the SPX..the target is a test of bottom at 1170...maybe we'll make a higher low?..let's watch it..also please make note of the volume as we move lower into that date... 2nd, the semiconductor bullish percent reversed up again!!!! ok i know i called this a week or two ago...well it did in fact reverse up then, and sold off into earnings, but it's moving back up into BULL ALERT here...now here's the question???..we have cycle lows on the 25th, AND, THE semi book to bill then as well after the close....iFTHE BTOB TICK'S UP HERE AGAIN, I AM GOING LONG SELECTED SEMIS FOR A POSITION TYPE TRADE INTO AUGUST...of course using trailing stops... 3rd...All the indexs seem to be tredding water here neither breaking down, oddly enough, nor are they breaking out....but guess what?? they're going to move one way or the other very very soon...i am stating this for the obvious reasons..please do not lean to either side till it actually happens...be neutral first...and foremost... let's look at the indexs we follow one by one.. DOW--DJIA---ACTUALLY GAVE A P&F BUY SIGNAL LAST WEEK WHEN IT PRINTED 10,650...SEEMS WIERD THO???..BUT IT DID...A 3 BOX REVERSAL DOWN WILL BE 10,500, WITH 10,400 GOOD SUPPORT...THERE'S HEAVY DUTY RESISTANCE(R) AT 10,750 BUT I THINK IF YOU LOOK AT THE DAILY CANDLE CHART WE COULD BE FORMING AN INVERSE HEAD AND SHOULDERS HERE WITH THE NECKLINE MAYBE RIGHT AT 10,750????..INTERESTING TO SAY THE LEAST..LET'S WATCH IT THIS WEEK AND NEXT... NAZ--COMPX---THIS INDEX IS NOT MOVING AT ALL..IT'S BEEN IN LIMBO FOR WEEKS...HEY IT COULD BE AT 1600 RIGHT NOW WHAT WITH ALL THE NEGATIVE NEWS OUT THERE???..AND HOW ABOUT MSFT???..THEY COME OUT AND SAVE THE MARKET JUST PRIOR TO EARNINGS, AND THEN "WARN" ABOUT THE NEXT QUARTER!!!! YOU MEAN TO TELL ME THEY DID NOT KNOW THAT INFO THEN???? COME ON HERE..THIS IS WHAT I'VE BEEN SAYING FOR 1 1/2 YEARS...THEY LIE, CHEAT AND HURT THE PUBLIC INVESTOR ALL THE TIME, WITHOUT ONE THOUGHT TO THE PUBLIC..THEY COULD CARE LESS FOLKS...THE ENTIRE RANGE HERE FOR THE NAZ IS BETWEEN 1900 AND 2200..TIGHT ENOUGH??? WE'LL WATCH IT TO SEE HOW IT HOLDS UP INTO THE CYCLE LOWS... SOX---NEEDS 660 RIGHT NOW TO SAVE THE DAY...WITH THE SEMI BP REVERSEING UP AGAIN, AND THE BOOK TO BILL COMING OUT THIS WEEK...MAYBE WE CATCH THE BALL EARLY AND RUN IT IN FOR THE TOUCHDOWN, HUH???..WE'LL WATCH THIS ONE TOO..ANY BREAKDOWN OF 540 IT'S TOAST... BTK---HELD THAT 500 TARGET OF MINE AND REVERSED BACK UP 3 BOXES TO 530...OK SO FAR SO GOOD...THIS ONE'S EASY ANY BREAKDOWN OF 500 IS A BIG NO NO, AND BREAK UP OF 550 IS A BIG YES YES<G>...WE'LL LOOK AT OUR SELECTED LIST OF BIO'S A BIT LATER IN THIS REPORT...YOU HAVE THE NUMBERS... VIX---WE ALL KNOW FROM THE LAST LETTER THIS INDEX HIT THE BRL(BEARISH RESISTANCE LINE) AT 28 AND IT WAS THE DOUBLE TOP TOO...REVERSED BACK DOWN HERE LAST WEEK TO 24...SO IF WE MOVE LOWER INTO THE 25 CYCLE LOWS AND WE CAN GET THIS INDEX BACK UP TO 28 AGAIN, WE MIGHT SET UP A NICE RALLY HERE DOWN TO 21/20 TO TEST THOSE LOWS...AND IF WE BREAKOUT ABOVE 28 AND MOVE HIGHER THAT ONLY MEANS THE MARKET WILL BE MOVING LOWER TOWARD ARE DOUBLE BOTTOM TEST OF 1170...THIS COULD BE SETTING US UP FOR ONE GOOD RUN... SPX---SPIKED UP AND THRU MY DOWNTRENDLINE LAST WEEK...HIT THE 40EMA ON THE DAILY CANDLE CHART AND SELLERS APPEARED THERE AT 1225ISH...THAT HAD AN IMMEDIATE REACTION DOWN TO 1210...NOW WE NEED TO SEE WHERE THE NEXT BOTTOM IS GOING TO APPEAR THIS WEEK..IF WE CAN MAKE A HIGHER LOW, AND REVERSE UP HERE..WE COULD CATCH A RALLY...HEY ANYTHING IS POSSIBLE...EVEN IN THESE NUTTY MARKETS... MY POINT IS THIS...COULD ALL THIS SELLING BE NEARING AN END???..SEEMS PLAUSIBLE TO ME...WHAT WITH ALL THIS HORRIBLE TECH NEWS, LOUSY EARNINGS ETC ETC ETC..WE SHOULD BE IN THE TOILET...NOT THAT WE'RE NOT<g>...BUT IF THEY CAN'T PUSH IT DOWN ANYMORE..GUESS WHAT??? IT'S GOING TO GO UP FOR A RELIEF RALLY..IT'S JUST THAT SIMPLE...THE WORLDS NOT COMING TO AN END.. THESE ARE TERRIBLE NUMBERS OUT THERE IN LA LA LAND, BUT WE BEGIN TO BOTTOM, MOVE SIDEWAYS AND THEN POP..OH YOU CAN BET IT'S GOING TO HAPPEN...I DO NOT SEE IT TILL AFTER OCT/NOV...BUT WE'LL PLAY IT ANYWAY THEY WANT TO MOVE IT... EVERY COMPANY HAS BEEN SAYING.."WE HAVE NO VISIABILITY"...THATS TRUE...BUT WATCHOUT WHEN SOME BIG CAP CHANGES THAT TUNE...RIGHT NOW IT'S ALL BEEN DOOM AND GLOOM...SOME GOOD NEWS WILL BE FORTHCOMING FROM SOMEWHERE BANK ON IT... LET'S LOOK AT OUR FAVORITE STOCKS TO TRADE...I WANT TO MAKE MENTION THAT 3 IMPORTANT SECTOR'S HAVE REVERSED UP HERE INTO BULL STATUS...SEMICONDUCTORS---ELECTRONICS--COMPUTERS......I COULD CHANGE MY MIND ON THE BIO TECHS TOO IF THE BTK CAN GIVE US ANOTHER BUY SIGNAL AT 550... AMAT---WE CAME VERY CLOSE TO THE APRIL LOWS LAST WEEK AT 40, THE LOWS ARE AT 37 FOR APRIL...THERE'S HARD R AT 46/47 THE DOUBLE TOP AREA...46 1/2 THE BUY TRIGGER LONG...43 3/4 THE SELL SHORT TRIGGER WITH A POSSIBLE TEST OF 40 AGAIN FOR SURE..ANY BREAK OF 39 TAKE'S IT TO THE APRIL LOWS TEST AS WELL... CHKP---I MENTIONED THIS LAST WEEK IN THE ROOM/AND NEWSLETTER AS A DEFINATE SS SALE..IT BROKE DOWN IN A BEARISH TRIANGLE NICELY...THIS CHART FROM THE MAY 22ND TOP AT 71 HAS MADE SUCCESSIVE LOWER TOPS AND LOWER LOWS ALL THE WAY DOWN AND CONTINUES TO LOOK VERY WEAK...36 3/4 THE BUY TRIGGER...34 1/2 THE SS... CIEN---THIS STOCK IS DEEPLY OVERSOLD ON THE BELL CURVE CHART...SAME SET UP AS CHKP...CRASHED AND BURNED FROM THAT MAY TOP AT 70 AND HAS CASCADED LOWER AND LOWER EVER SINCE...IT'S TRYING TO HOLD THIS LOWER TRADING BAND AREA AT 29/30...31 1/2 THE BUY TRIGGER...33 A 3 BOX REVERSAL UP...29 1/4 THE PERFECT SS TRIGGER... EBAY---THIS STOCK HAS HELD UP WELL HERE...IT'S REALLY NOT A SHORT AS PEOPLE ARE FINDING OUT<g>...THERE'S HEAVY R AT 68..BUT GEE WHIZ IF IT PRINTS 69 IT COULD BE BIG...IF WE PULLBACK THIS WEEK INTO THOSE CYCLE LOWS LET'S SEE WHERE IT GOES TOO...68 1/4 THE BUY TRIGGER WITH ANY BREAK OF 69 BIGGER YET...65 3/4 THE SS WITH A MOVE TOWARD 64 THE TEST OF THAT DOUBLE BOTTOM BREAK,,,63 WOULD BE BAD...WE COULD GET THIS IF THE LOWS MOVE ALL THE WAY DOWN TO 1170 SPX???..CAREFUL... PDLI---CONTINUES TO LOOK WEAK HERE...IT MUST HOLD 55ISH AND REVERSE UP, ESPECIALLY IF THE BTK MOVES HIGHER...57 3/4 THE BUY TRIGGER 59 THE 3 BOX REVERSAL BACK UP HERE...55 3/4 THE SHORT SALE TRIGGER 54 IS NOT A NICE PICTURE... HSGI---THIS CHART LOOKS MUCH BETTER, IT'S TRYING TO RE-BUILD THE BASE...ACTUALLY GAVE A P&F BUY SIGNAL LAST WEEK AT 50...HOWEVER WE ARE DOING A BACKSIDE BOUNCE ON THE DAILY CANDLE CHART AND NEED TO BREAK OVER THE 20 EMA FIRST...51 1/2 THE PERFECT BUY TRIGGER, 49 1/4 THE NICE SS TRIGGER TOO...THIS SHOULD BE COOL...48 COULD BE SOLID SUPPORT IT'S A 3 BOX REVERSAL DOWN...BUT OK THERE... MYGN---CHART IS TRYING HERE AGAIN, JUST LIKE HGSI...IT'S NEAR THE BOTTOM OF THE 10 WEEK TRADING BAND AND HOLDING IT WELL FOR NOW...LET'S SEE HOW IT DOES THRU THE CYCLE LOWS THIS WEEK...I LIKE THE LOOK OF THE DAILY CANDLE CHART TOO....44 3/4 THE BUY TRIGGER, WITH 46 A P&F A DOUBLE TOP BUY SIGNAL AS WELL...42 1/4 THE SHORT SALE TRIGGER, WITH ANY BREAK OF 39 GOOD BYE CITY... IMCL---INTERESTING CHART HERE...REALLY NOT BAD...IT BROKE DOWN AT 44 HIT 40ISH INTRADAY..OFF THAT TRIPLE BOTTOM BREAKDOWN...REVERSED BACK UP TO 46 THEN DOWN AGAIN TO 42 THEN UP AGAIN TO 47 RIGHT AT THE BRL LINE... DOWN AGAIN TO 43, AND THEN UP AGAIN TO TEST THAT TOP AT 47..48 IS A BIG BREAKOUT HERE...SO 48 1/4 THE BUY TRIGGER AND TRIPLE TOP BREAKOUT NUMBER...45 3/4 THE SS TRIGGER... QLGC---TRYING TO HOLD THE BSL LINE HERE...IN A HARD FOUGHT BATTLE...47 1/2 THE BUY TRIGGER...44 3/4 THE SS TRIGGER...A BREAK OF 43 IS BAD... QCOM---BOY IF THIS CAN HOLD UP THIS WEEK..WE'LL HAVE OURSELVES A NICE POSITION TYPE TRADE LONG...IT'S NOW TRADING ABOVE THE BRL LINE, SO THATS POSITIVE...IT'S GIVEN A COUPLE OF SELL SIGNALS BUT THEY HAVE ALWAYS BEEN MET WITH BUYERS TO BREAK THOSE DOUBLE TOPS...I LIKE THE LOOK OF THE DAILY CANDLE CHART TOO..INVERSE HEAD AND SHOULDERS HERE...72 LOOKS LIKE THE BREAKOUT OF THAT NECKLINE...65 3/4 THE BUY TRIGGER...HEAVY R AT 67 THE TRIPLE TOP...68 IS AWESOME....63 1/2 THE SHORT SALE TRIGGER WITH ANY BREAK OF 61 A NO NO... SEBL---IT'S IN A FREEFALL RIGHT NOW...VERY WEAK CHART...34 1/2 THE BUY TRIGGER...31 3/4 THE SS...IT WILL BOUNCE SOON...I'LL CALL IT...LOOKS LIKE NICE TRIGGERS HERE EITHER WAY.... TQNT---AWFULLY NICE LITTLE TRADER HERE...MADE TWO NICE BUY SIGNALS IN A ROW...HIT THAT DOUBLE TOP AT 23 AND SOLD OFF A BIT...MAY MOVE LOWER HERE IN TO CYCLE LOWS...21 1/2 IS THE BUY TRIGGER LONG...TEST 23 AGAIN...19 3/4 THE SS TRIGGER WITH 19 1/2 A NORMAL 3 BOX REVERSAL DOWN... CY--- A LITTLE SEMI MOVING SIDEWAYS FOR EVER<G>...BUT TRADABLE...24 1/4 THE BUY TRIGGER..25 IS VERY TOUGH R...26 IS AWESOME BREAKOUT..SET ALERTS...22 1/4 THE SS...20 GOOD SUPPORT... ELNT---HAD GOOD NUMBERS FOR THE STREET, AND THE CHART SAID SO, AND SO DID I <vbg>..IT'S HELD UP VERY WELL HERE..AND SHOULD RUN UP HARD IF THE SEMIS CAN GET GOING SOON...31 3/4 THE BUY TRIGGER WITH 32 THE DOUBLE TOP BUY SIGNAL AND BREAKOUT NUMBER..YOU COULD WAIT FOR THAT AS WELL....29 3/4 THE SS...28 THE 3 BOX REVERSAL DOWN....WATCH FOR ANY PULLBACK INTO CYCLE LOWS AND THE BOOK TO BILL SAME EVENING.. ALTR---HAS EARNINGS AFTER THE BELL TOMARROW...IT'S PULLED BACK NICELY HERE..BUT I WOULD BE CAUTIOUS AHEAD OF EPS AND CYCLE LOWS...MY GUESS WOULD BE THEY BEAT THE STREET ACCORDING TO THE CHARTS???..WE'LL SEE...30 1/2 THE BUY TRIGGER...28 1/4 THE SS... MCHP--CANNOT GET A BETTER LOOKING CHART HERE DESPITE ALL THIS CARNAGE IN THE MARKETS???....34 3/4 THE BREAKOUT BUY TRIGGER..35 PLUS TAKES IT HIGHER...MARKET WILLING...IF WE PULLBACK HERE...COULD BE A HELL OF A LONG SIDE POSITION TYPE TRADE...32 1/2 THE SS TRIGGER... CRUS---HAS EXCELLENT BUYERS AT AROUND 24..I AM ONE OF THEM..IT TRADES NICELY FOR 1-2 POINTS ALL THE TIME THERE...NOT SAYING IT CAN'T BREAKDOWN TOO..BUT I HAVE BEEN A BUYER AT ALL PULLBACKS SO FAR TO THE 24 AREA...ITS THE 20 EMA ON THE DAILY CHART...27 1/2 A NICE BUY TRIGGER...29 THE TEST OF TOP...25 THE SHORT SALE TRIGGER... DELL---IT HAS BEEN ONE OF THE STALWART LONGS OF THIS MARKET SO FAR...WARNED ABOUT SLIGHTLY LOWER REVS NEXT Q...WE'LL SEE???...COMPUTER SECTOR BP HAS REVERSED UP HERE IN A BULL ALERT STATUS...I AM LONG DELL AUG 25'S AND HAVE MADE MONEY ON ALMOST EVERY SINGLE TRADE OF OPTIONS AND STOCK SO FAR...TRADING ABOVE THE 200 EMA DAILY...28 3/4 THER BUY TRIGGER..MY TOP SIDE TARGET HAS ALWAYS REMAINED 31...THE SHORTS ARE NOT TOO HAPPY HERE...26 3/4 THE SHORT SALE TRIGGER...ANY PULLBACK TOWARD 24/25 I WILL ADD TO MY CURRENT POSITION AS LONG AS IT DOES NOT BREAKDOWN... RIMM---IN THE ELECTRONICS SECTOR THAT JUST REVERSED UP HERE....BTW FWIW..HERE'S A LIST OF STOCKS TO WATCH IN THIS SECTOR...RIMM---SAWS---SANM---VSH---CNXT ABOUT AT $10.00...AMCC ON A REVERSAL UP...ANEN--POWI--SAGI---THESE ALL LOOK GOOD AND THERE ARE OTHERS IN THERE THAT HAVE HELD BOTTOMS...THEY ARE--PLUG---NEWP---BLDP---PWER...JUST TO NAME A FEW...CHECK THE CHARTS FOLKS.. HERE'S RIMM'S NUMBERS...28 3/4 THE BUY TRIGGER LONG...30 THE TEST...26 1/2 THE SS TRIGGER... OK THATS IT FOR NOW....WE HAVE IMPORTANT ECO AND BIZ REPORTS THIS WEEK...SO BE ON YOUR TOES...CYCLE LOW DATE IS 25TH..SEMIS BOOK TO BILL SAME DATE... FOR ALL YOU THAT ARE RENEWING...PLEASE GO TO MY SITE TO USE THE NEW PAYPAL LOGO THERE..THIS IS NOW RECURRING BILLING EACH MONTH..IT WILL AUTO MATICALLY CHARGE OFF THE $40 PER MONTH TILL YOU SAY STOP....WWW.BUYITBUYITSELLITSELLIT.COM... THANKS FOR YOUR CONTINUED SUPPORT OF THE NEWSLETTER..I HOPE YOUR MAKING SOME MONEY...I AM PREPARING A LIST OF COVERED CALL WRITES THAT EACH OF YOU COULD LOOK AT FOR SOME INCOME IF WE RALLY UP HERE...THE IDEA IS TO BUY SOME SOLID STOCKS AT REDUCED PRICES THIS WEEK...THEN LET THEM RUN UP A BIT AND WRITE THOSE CALLS TO GRAB THAT NICE PREMIUM AND STILL OWN THE STOCK... YOU MAY WANT TO ALERT ME TO ANY STOCKS IN YOUR PORTFOLIO THAT YOU WISH TO DISCUSS USING THIS METHOD OF COLLECTING SERIOUS MONEY QUARTER OVER QUARTER, MONTH TO MONTH AS WELL...REMEMBER..FOR EVERY 100 SHARES OF STOCK YOU OWN, YOU CAN SELL 1 CONTRACT..1 OPTION...LET SOMEONE PAY YOU FOR HOLDING THAT STOCK WHILE YOU WAIT FOR A RECOVERY OF SORTS LATER THIS YEAR... OK NUFF SAID...BEST TO YOU ALL... WARMEST REGARDS JERRY