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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 (9691)	9/8/2001 12:26:20 AM
From: Jibacoa	Read Replies (1) \| Respond to of 13094

INAP: Finished on a good note <g> with good volume (473,500) in the last 15 minutes, in spite of the general market. Looking for it to go over the August 31 H (1.11) <g> on Monday.That will be 20% from yesterday's L,( a 3 days trade) which is not bad these days.<g> siliconinvestor.com siliconinvestor.com INSP Had a 50% move from the L on Aug31 to Wednesday's H.Profit taking continued today (I guess to be expected on this market <g>)but keep an eye on it since if it can manage to close some of the July 25 down-gap, it will be a 100% move from present levels.<g> siliconinvestor.com siliconinvestor.com Bernard

To: Jibacoa who wrote (9691)	9/8/2001 4:36:03 PM
From: Sergio H	Read Replies (1) \| Respond to of 13094

Bernard, the bank stocks have performed in step with the Dow so far this year. Lower interest rates has been a positive development while on the other side of the coin, a declining economy has resulted in more non-performing loans than normal. Reader of this thread have enjoyed Jim and William's discussion on the bank sector. Much of the discussion centered on small banks, but the large caps share many of the same issues. Fleet is featured in the latest BizWeek as a takeover candidate because it is selling at a discount PE ratio to its peer group. The preferreds, even though they pay 8% would not be of interest to me. They're more for institutional hedging than for the little guy. If you like Fleet, and you like big money center banks at this time, a good strategy might be to go with the regular Fleet shares and write some covered calls to limit your exposure and cost basis. Somehow, I have a feeling that you would rather go with something a little more volatile. Sergio