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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Harold who wrote (27776)1/8/2002 12:19:49 AM
From: somatics1  Read Replies (2) | Respond to of 29382
 
Harold, what the heck ya talking about??? AMCC???? If so, don't despair, it's low enough that ya can still get some LOL.....I think it may sink to 11.50 tomorrow before the stab at the moving average happens....Jorge



To: Harold who wrote (27776)1/8/2002 1:26:13 AM
From: Ken W  Read Replies (2) | Respond to of 29382
 
Harold

AMCC: 216.129.217.2

The stock held the 10dEMA even on the high volume and bashing from the anal-yst. The stock my take a small gap down tomorrow, like Jorge said, to 11.50, but then, due to the oversold condition from mid 13 last week, come back toward the 50dMA at 12.76. That is why we are playing the stock back to that average at 12.75.

I filled some trading shares of CDIC today also at 6.60 and was a bit surprised that it went down to 6.36, however noted that after hours it was back to 6.55. The old adage of "if they can't wear you out they will scare you out" looks to hold true here. Earnings are coming soon.

Ken