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


To: James Strauss who wrote (9575)8/30/2001 1:01:15 PM
From: Jibacoa  Read Replies (1) | Respond to of 13094
 
JIM:

In today's kind of market is best not to make too far advanced projections.<g> It is not good to buy stocks when they are out of season and if in spite of that one falls to temptation and decide to do it, is best to keep them on a short leash.<g>

LPTH Had an up-move that started with a buy signal on the 15 minutes chart at 3.15 PM on Aug.28 with pretty good volume (290,400 shares were traded in 15 minutes as the price moved form 2.55 to 2.77)The highest 15 minute volume since then was around 1.45 PM yesterday (41,500) with the price fluctuating (O=3.34 H=3.61 L=3.31 C=3.31) Today there has been profit taking on low volume. It started early with 9,000 traded in the first 15 minutes and the price down from 3.99 to 3.60 I am watching it to see if it is worthwhile to buy back at the support (3.16 to 3.20)depending on market's condition.(I still don't like this market.<g>) The immediate trend is still down.<g>

Take a look at the change in OBV.<g>

siliconinvestor.com

RAGL

Bernard



To: James Strauss who wrote (9575)8/30/2001 5:27:39 PM
From: Jibacoa  Read Replies (1) | Respond to of 13094
 
<<SQNM needs to close above 9.00 to stay above the 13 day MA...>>

Jim: SQNM has being on an steady down-trend since May 21, when the attempt at "recovery" that started on May 4 at the 12 level finished that day witn an intra-day H of 18.70

It had a good up-gap at the start of trading yesterday (It closed on Aug.28 at 8.30 on a slight up-tick from the 8.19 level on 15 min.volume of 16,100 )and at the start of trading yesterday it moved from 8.78 to 9.55 on a 15 min. volume of 31,100

Profit taking started early (on the second 15 min. of trading <g> ) when it made its intra-day H of 9.79 but it did not close the up-gap as it closed at 9 (still above the 8.78 opening)

Today it made an intra-day double bottom (on the 15 min.chart <g>) at the 8.50 level (12.15&12.30PM)and volume picked up while moving to the up-side on the last hour of trading.(Albeit it had slight weakness in the last 15 minutes.<g>)

I would buy it if it starts moving above the 9.40 level with increasing volume and with a stop loss at 9.31 and to sell if it fails to go over yesterday's intra-day H of 9.79 <g>

siliconinvestor.com

RAGL

Bernard



To: James Strauss who wrote (9575)8/30/2001 5:52:46 PM
From: Jibacoa  Read Replies (1) | Respond to of 13094
 
<<ADLT looks pretty good... It needs to close above 3.60 to stay above the 50 day MA...>>

Jim: As you said, it looks pretty good and it made today another intra-day H at 3.75 on its pretty steady up-trend (on the 15 min.chart <g>) since it started from the 2.50 level on 8/24

I sold today at 3.58 and would consider buying back if it can move above its 10.30 10.45 & 11 AM triple-top (on the 15 minutes chart <g> ) at the 3.59 level.

Again, I would consider buying it back if it starts moving over the 3.60 level with increasing volume, with a close stop at 3.55 and also with plans of selling if it can not go over the 3.75 level.

IMHO you need to keep things under a short leash these days. <g> Notice also that there was a good drop on OBV on the 15 min. chart today.

siliconinvestor.com

RAGL

Bernard