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

To: cybersaavy who wrote (35341)	12/1/2001 8:01:42 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 68933

Hi cybersaavy, I would be careful with GNSS as a short, unless you are only looking for a few points or unless you anticipate a total break down of the market within your trading time frame. The move on GNSS is being supported by an OBV break out on the daily chart. Though fundementally over extended, this is one of the few companies that is starting a new product cycle, has good sales traction, a dominant market share, and is able to raise its Q-Q growth guidance. The last reason was the reason for the gap up the last few days. siliconinvestor.com