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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (9265)8/1/2001 3:52:32 PM
From: Jibacoa  Respond to of 13094
 
SHLO:

They announced last week their new "laser-welding.":

VALLEY CITY, Ohio, July 26 /PRNewswire/ -- Shiloh Industries has developed the most advanced laser engineered-welded blanking operation in the automotive industry to produce body side frames for General Motors' new generation of midsize sport utility vehicles, the 2002 Chevrolet TrailBlazer/GMC Envoy/ Oldsmobile Bravada. The new operation in Valley City, Ohio is also believed to be the world's largest laser-welding production system.

It sells at 0.45 of book and 0.12 of sales. Its price was somewhat affected by LTV filling for chapter 11.
The insiders hold 77% and institutions 35% (134% of float)

The automotive market is still on the dumps, but SHLO stock is doing well today.<g> (Going over its resistance at 6 )

siliconinvestor.com

siliconinvestor.com

Bernard



To: Jibacoa who wrote (9265)8/2/2001 12:11:49 PM
From: James Strauss  Read Replies (2) | Respond to of 13094
 
Bernard:

Have fun in Iowa... I guess, when you return, you'll be able to answer the question, "Where's The Beef?"... : >

The Dow now sits above the downsloping trendline that has dipped to 10,500... The Nasdaq was repelled by the 2100 downsloping trendline... It could test the lower trendline in the 2025 area...

The stocks you show imply new life in the badly beaten down internet sector... stockcharts.com[m,a]daclyymy[pc13!d20,2][vc60][iuk14!la12,26,9!lg!lf]

Note the reverse head and shoulders pattern... A close above 43.00 would be bullish for the sector...

Jim