Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (8914)	10/2/2001 8:21:02 AM
From: MetalTrader	Respond to of 23153

da, I've been watching some of the telecoms for ascending triangle breakouts. Some of the patterns have been under construction for a year. Check out AT, VZ, PCS and SBC. All look interesting. Telecom was one of the sectors which held up well during the recent meltdown. The balance sheets are being repaired, cash flow improving with reduced capex has caught investors eye. All in all, worth keeping an eye on I think. Recently PCS has been one of only two stocks I've bot. May take profits PCS if we don't get liftoff soon but volume action as soon as it broke over 27 tells me there are a lot of folks with eyes glued to the top line resistance of this sector. mt