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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 (9523)8/27/2001 12:06:13 PM
From: James Strauss  Read Replies (1) | Respond to of 13094
 
RMBS...

Bernard:

RMBS may have bottomed...
stockcharts.com[m,a]daclyymy[pc13!d20,2!i!a8.5][vc60][iLc20!La12,26,9!Lw25!Lk14!Lf!Ld20!Lg!Lp14,3,3]

A close above 8.50 breaks a downsloping trendline... Williams% R and Stochastics suggest more upside...

Jim



To: Jibacoa who wrote (9523)8/27/2001 1:10:38 PM
From: Sergio H  Read Replies (1) | Respond to of 13094
 
Hi Bernard. RMBS does look good for a short term trade. Is the PE indicated on Yahoo for real?

Semiconductor stocks are showing some strength of late. Coming up against rooftop resistance.

66.59.141.65

Sergio



To: Jibacoa who wrote (9523)8/27/2001 1:31:39 PM
From: Sergio H  Read Replies (1) | Respond to of 13094
 
MTNT

Bernard, the proposed reverse split scared away many investors. The time to buy this stock is when the merger is completed, in spite of the reverse split.

The cash derived from the merger will be used to retire debentures. The corresponding short position will cover. It's a nice play, IMO.

Sergio