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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: j g cordes who wrote (34880)	10/25/2001 3:44:24 PM
From: Suresh	Read Replies (1) \| Respond to of 68385

Hi Jim, on a fundamental basis I would be willing to short NVLS, AMAT. Later, Suresh

To: j g cordes who wrote (34880)	10/25/2001 6:33:40 PM
From: Clint E.	Read Replies (3) \| Respond to of 68385

Jim, any ideas about what caused the turn-around?........... I am up 60% since Sept., most of it was made by holding for weeks. Recently, I have been back to day trading and that has only contributed to 10% of my recent gains. I am getting worried about excessive volatility and wondering if we're setting up for some sort of pullback to ~1600-1630 again.

To: j g cordes who wrote (34880)	10/26/2001 1:58:58 AM
From: Johnny Canuck	Read Replies (3) \| Respond to of 68385

Hi Jim, Here is a place to start. I would ignore the biotechs, they always look overpriced. *************** Ridiculously High Valuation Screen Fri Oct 26, 2001 01:53 Initial Universe: Stock Screening Criteria: EstPe > 50 and EstPCF > 25 and PSales > 10 and PBook > 6 Sort On: MktCap(D) Ticker Symbol Company Description Closing Price Estimated P/E Est. Price / CashFlow Price / Sales Price / Book Market Cap. (mm) EBAY EBAY INC 57.18 85.83 68.14 32.16 14.79 15,625.46 MXIM MAXIM INTEGRATED PRODS INC 46.65 55.54 49.74 12.96 11.07 15,319.35 IMNX IMMUNEX CORP NEW 24.38 81.38 71.16 15.08 6.99 13,021.28 LLTC LINEAR TECHNOLOGY CORP 39.35 59.12 51.74 13.30 7.42 12,572.40 IDPH IDEC PHARMACEUTICALS CORP 57.05 67.81 67.57 49.61 11.60 8,666.35 GILD GILEAD SCIENCES INC 68.65 N/A N/A 30.87 19.39 6,535.89 BRCD BROCADE COMMUNICATIONS SYS INC 27.10 97.41 90.57 13.15 11.37 6,205.85 IMCL IMCLONE SYS INC 61.98 N/A N/A 154.18 93.34 4,471.80 SEPR SEPRACOR INC 48.58 N/A N/A 34.60 N/A 3,784.19 RFMD RF MICRODEVICES INC 20.97 132.30 126.71 10.69 9.65 3,457.55 CEPH CEPHALON INC 63.98 63.32 57.41 17.46 16.26 3,172.13 ICOS ICOS CORP 55.00 N/A N/A 28.68 14.54 2,949.82 SMTC SEMTECH CORP 37.40 70.33 58.36 11.05 10.51 2,630.34 ENZN ENZON INC 61.77 53.82 53.77 102.95 19.15 2,625.22 QGENF QIAGEN N V 17.92 50.11 50.11 11.93 15.02 2,599.08 CELG CELGENE CORP 29.16 69.07 51.14 22.82 7.22 2,196.74 ALKS ALKERMES INC 25.10 N/A N/A 24.66 8.91 1,589.51 BDAL BRUKER DALTONICS INC 22.46 212.09 244.40 13.94 9.99 1,231.75 SLAB SILICON LABORATORIES INC 23.42 294.22 51.98 11.65 7.08 1,137.25 CBST CUBIST PHARMACEUTICALS INC 39.69 N/A N/A 171.82 9.54 1,116.64 MYGN MYRIAD GENETICS INC 45.74 N/A N/A 23.41 7.64 1,076.17 CTIC CELL THERAPEUTICS INC 31.75 N/A N/A 635.00 6.47 1,070.01 ISIP ISIS PHARMACEUTICALS INC 20.40 N/A N/A 20.90 40.08 1,062.60 SCIO SCIOS INC 22.90 N/A N/A 42.25 57.68 1,038.88 NBIX NEUROCRINE BIOSCIENCES INC 39.00 N/A N/A 58.73 6.47 1,001.05 GNSS GENESIS MICROCHIP INC 45.65 57.93 39.56 14.11 12.22 957.92** CVTX CV THERAPEUTICS INC 41.84 N/A N/A 154.96 9.81 932.74 IMMU IMMUNOMEDICS INC 17.91 N/A N/A 103.53 21.17 887.26 LGND LIGAND PHARMACEUTICALS INC 13.03 N/A N/A 13.66 N/A 778.00 CERS CERUS CORP 48.90 N/A N/A 248.22 10.36 768.41 SRDX SURMODICS INC 44.10 78.36 67.87 38.55 14.21 738.54 GNTA GENTA INC 12.87 N/A N/A N/A 14.17 701.71 TRMS TRIMERIS INC 36.19 N/A N/A 532.21 9.65 629.20 DIGE DIGENE CORP 37.14 N/A 598.07 20.02 22.70 625.10 ENZ ENZO BIOCHEM INC 21.29 68.50 55.47 10.73 6.30 574.45 IGEN IGEN INC 28.99 N/A N/A 14.60 N/A 560.99 XOMA XOMA LTD 7.88 N/A N/A 75.05 N/A 551.32 IPXL IMPAX LABORATORIES INC 11.35 N/A N/A 35.92 10.73 520.69 LMNX LUMINEX CORP DEL 18.05 N/A 354.62 44.79 6.68 512.06 ATRX ATRIX LABS INC 26.74 N/A N/A 30.18 13.59 486.77 VPHM VIROPHARMA INC 25.30 N/A N/A 129.74 34.56 473.03 BMRN BIOMARIN PHARMACEUTICAL INC 10.43 N/A N/A 30.50 6.27 438.57 MATK MARTEK BIOSCIENCES CORP 21.58 N/A N/A 33.51 11.90 421.87 WBSN WEBSENSE INC 20.15 76.82 49.35 18.66 6.23 403.56 ENDO ENDOCARE INC 22.95 212.89 116.03 38.77 25.30 386.04 OSUR ORASURE TECHNOLOGIES INC 10.30 50.91 35.98 12.34 14.86 381.89 U US AIRWAYS GROUP INC 4.90 N/A N/A N/A N/A 328.64 SKIL SKILLSOFT CORP 19.93 51.57 40.06 10.07 16.22 324.54 NVAX NOVAVAX INC 13.76 N/A N/A 41.45 9.56 314.43 BCII BONE CARE INTL INC 18.60 N/A N/A 56.02 6.40 260.83 CLSR CLOSURE MED CORP 18.43 67.41 53.20 16.79 17.26 248.64 ENMD ENTREMED INC 12.02 N/A N/A 52.26 6.31 219.63 MCAF MCAFEE COM CORP 22.07 111.82 53.78 19.81 19.18 210.16 AVN AVANIR PHARMACEUTICALS 3.49 N/A N/A 12.08 7.95 201.17 CYTO CYTOGEN CORP 2.40 N/A N/A 16.55 16.44 190.46 VIDA VIDAMED INC 4.96 N/A 70.66 19.76 15.21 178.24 MRVT MIRAVANT MED TECHNOLOGIES 8.50 N/A N/A 47.49 N/A 158.62 GZMO GENZYME CORP 9.85 N/A N/A 32.72 11.70 157.10 ORG ORGANOGENESIS INC 4.30 N/A N/A 12.72 N/A 149.58 COB COLUMBIA LABS INC 4.65 N/A N/A 12.88 125.68 146.61 VION VION PHARMACEUTICALS INC 4.70 N/A N/A 134.29 6.47 123.83 PARS PHARMOS CORP 2.11 N/A N/A 20.29 6.76 116.21 AKSY AKSYS LTD 5.46 N/A N/A 42.66 6.42 101.22 BSMD BIOSPHERE MEDICAL INC 7.94 N/A N/A 15.94 6.39 100.98 EPIX EPIX MEDICAL INC 6.75 N/A N/A 11.60 12.01 95.54 SHM SHEFFIELD PHARMACEUTICALS INC 3.14 N/A N/A 157.00 N/A 91.17 UCOMA UNITEDGLOBALCOM 1.00 N/A N/A N/A N/A 80.46 SPRX SPECTRX INC 7.70 N/A N/A 14.45 N/A 80.32 KFX KFX INC 2.93 N/A N/A 38.55 N/A 78.37 NTII NEUROBIOLOGICAL TECHNOLOGIES 3.89 N/A 122.33 26.11 8.17 68.11 PHAR PHARMANETICS INC 7.00 N/A 61.19 14.83 8.35 65.63 EXDSQ EXODUS COMMUNICATIONS INC 0.12 N/A N/A N/A N/A 64.48 DMI DEPOMED INC 5.25 N/A N/A 19.89 N/A 60.52 FXEN FX ENERGY INC 2.90 N/A N/A 12.50 6.22 51.27 ORTC ORTEC INTL INC 4.55 N/A N/A 77.12 7.47 44.10 IMMT IMMTECH INTL INC 6.80 N/A N/A 51.13 16.23 40.83 BD BUDGET GROUP INC 1.06 N/A N/A N/A N/A 37.44 ATHMQ AT HOME CORP 0.07 N/A N/A N/A N/A 21.39 TFSM 24 / 7 MEDIA INC 0.22 N/A N/A N/A N/A 9.80 STGC STARTEC GLOBAL COMM CORP 0.32 N/A N/A N/A N/A 5.30 LOWGQ LOEWEN GROUP INC 0.06 N/A N/A N/A N/A 4.52 ERDR PHYAMERICA PHYSICIAN GROUP INC 0.10 N/A N/A N/A N/A 4.18 ELIX ELECTRIC LIGHTWAVE INC 0.34 N/A N/A N/A N/A 3.43 MPANQ MARINER POST-ACUTE NETWORK INC 0.04 N/A N/A N/A N/A 2.95 GTLS GLOBAL TELESYSTEMS INC 0.01 N/A N/A N/A N/A 1.80 DWLDE DATAWORLD SOLUTIONS INC 0.04 N/A N/A N/A N/A 1.16 AQIS AQUIS COMMUNICATIONS INC 0.03 N/A N/A N/A N/A 0.60 NCNTQ NETCENTIVES INC 0.01 N/A N/A N/A N/A 0.53 JPEI JPE INC 0.04 N/A N/A N/A N/A 0.49 VLFIQ VLASIC FOODS INTL INC 0.01 N/A N/A N/A N/A 0.45 HIRI HI-RISE RECYCLING SYS INC 0.01 N/A N/A N/A N/A 0.21 SFTW ENLIGHTEN SOFTWARE SOLUTIONS 0.02 N/A N/A N/A N/A 0.08 DGLHQ DIGITAL LIGHTHOUSE CORP 0.00 N/A N/A N/A N/A 0.06 MLKI MATLACK SYS INC 0.00 N/A N/A N/A N/A 0.03 Result: 94 companies (Maximum of 100 listed.)

To: j g cordes who wrote (34880)	10/26/2001 2:23:07 AM
From: Johnny Canuck	Respond to of 68385

[madtrader] Thu Oct 25, 11:31am PDT BRCD JNPR I felt like an idiot after suggesting that BRCD had massive accumulation going on yesterday, when I saw the open print of a big gap down. Well, JNPR and BRCD were both downgraded on "valuation" this morning by analysts. The same kind that kept raising their prices targets regardless of what not too long ago. I guess they want to come across as responsible to regain whatever is left of their credibility. But the market has other ideas. The recovery of these names from their morning lows are just amazing. Something they could have never accomplished just a month ago. This again is example of liquidity at work. Much like the same liquidity that created the biggest bubble 2 years ago. Price, valuation be dammed! Except this time the liquidity is much much bigger, try 10 to 20 times bigger. So, don't fight this flood of money. Enjoy it while it lasts. Oh, by the way, like two years ago, you can buy on dip again. If you are wrong short term, the market and liquidity will bail you out. none. [ Older articles ] [madtrader] Thu Oct 25, 6:10pm PDT IMNX I have like this one since June, when it was in the mid teens. What I have noticed was the consistant accumulation on this name. While we are on the subject of OBV, it is at an all time high today, despite the fact the all time high in price was 20 months ago near $80. Needless to say, there is plenty of upside in the future. It is one of the strongest name in NDX. none. [madtrader] Thu Oct 25, 6:06pm PDT GENZ ADVP Here are two great examples of OBV divergence. GENZ's OBV is off the charts and is at an all time high, yet the price is not even at it's old high. So, OBV is suggesting tremendous upside ahead. ADVP, a highflier for the past year is having it's OBV pointing at a new 52 week low, yet the start is just recently broke down from it's all time highs. There will be a lot of pain ahead for this one. Avoid it. none. Register for our newsletter [madtrader] Thu Oct 25, 3:49pm PDT SUNW In late August when SUNW had a big gap down, I said don't bother bottom fish this one until $7 range. That was the long term support. The stock build a pretty good base over the last month and it is setting itself up for a breakout and a possible fill of the late August gap. For you SUNW fans, this would a good entry spot here. ************** Rumor dude seems more bullish than bearish so he is mirror my thought that we still have a little ways to go. rumordude.com

To: j g cordes who wrote (34880)	10/26/2001 2:58:22 AM
From: Johnny Canuck	Respond to of 68385

Jim, I agree with Suresh on AMAT and NVLS. They broke the 50 day EMA's today, but not on increased volume. I would add LRCX. AMAT: askresearch.com NVLS: askresearch.com LRCX: askresearch.com On the other hand CYMI, KLAC, KLIC and VECO did. KLAC: askresearch.com KLIC: askresearch.com VECO: askresearch.com I would wait for the the break of the 50 day EMA back on the downside first though. Anything on the long haul is going to get pressure on any down swing. Not so much on the edge. Anything to do with optical component espeically passive components will be under intense pressure. I expect most to get back to the recent lows.