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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?

To: Connor26 who wrote (7846)	1/11/2002 1:01:54 AM
From: Susan G	Respond to of 26752

CRA pops once in awhile, but that's a fine example of what can happen to parabolic stocks years later <g> I loved it and traded around a core position I bought cheap when it moved up and down 20-30 pts a day, but it sure looks like it's going nowhere now. Right overhead on the daily is the converged 20 and 50 emas - DOUBLE resistance. So I would wait to buy until it breaks both, which would be 26.72. There is overhead supply from December right above that, so it's going to be tough to make more than a point or so, unless there is news and shorts cover. CRA only moves at earnings time, so if they are coming soon, it might move up a bit. But other than that, there is nothing in the chart that would make me want to buy it! Find a good stock in an obvious uptrend, making higher lows, and buy a pullback to the 20 ema on the daily. Because all these stocks still in downtrends are trying to tell us something (losers <g>)...especially after this move up. They don't do much! But I did notice some good reversals in some bios tonight, IMCL and MYGN were both listed with bullish reversals at litwick. IMCL looks like a DCB though, bet it retests today's low - or at least part of the bounce from 30. 32ish might be a good entry. PXLW looks ok, it could be forming a huge descending wedge which is bullish that started in December, but I'm watching it to see. The bottom of the flag - and important support is around 15. It's been know to break 15 quickly and reverse around 14.90, so that's a pretty safe place to buy. But don't hold it if it breaks trhat low on 1/2. Looking at the daily chart, there could be a mini bullish wedge in the last in the 5 sticks too. So if it takes out todays red ems line which stopped it today, and takes out today's high, it will probably pop as it's really oversold and has a ton of shorts in it. Overhead reistance at the 200 MA right below 19 will be tough. And the 200 ema, shown on this chart is at 18. Next resistance is the december high at 19.36 and will most likely breakout there. Looking at the indicators on this chart, it's going a bit lower, they are all headed down. A turn up in some of them would be the buy signal, that it has bottomed. siliconinvestor.com This was listed under news, if you listen, let me know what they say! Be advised though, these audio blurbs are worse than cnbc pumps sometimes <g> siliconinvestor.com Off to sink into my pile of pillows!

To: Connor26 who wrote (7846)	1/11/2002 1:23:43 AM
From: Susan G	Respond to of 26752

Here's one that might be ready for a sharp reversal - AHAA. After days of high volume selling it's starting to bounce. siliconinvestor.com It tested September lows the past few days, so far successfully. Closed in the high end of its range today too. And was listed as having a bullish reversal tonight. So it may go on any strength in the semis. And I'm not sure if you have ever watched it, but this stock can MOVE <g>

To: Connor26 who wrote (7846)	1/11/2002 1:40:44 AM
From: Susan G	Respond to of 26752

Results from a couple of quick Metastock Scans I did not look at any of these charts, they could be overbought so you have to take a look. Also on the High Volume scan, it does not specify UP or DOWN so some of these stocks may have sold off on high volume which is a danger sign. But often, it's the sign of an impending reversal after a final flush <g> Volume Above Average INFA DLOT SPEX DPMI NMTC GMST IMCL DRMD MOVI HCOW INTU BLDP SLVN VRST CMVT VRSN RNWK CALP MACD Buy Signals WGRD GILD ANSI PESI SONE (20.15 is a breakout, gorgeous chart) ESST ENZN AUGT Price and Volume Breakouts WGRD CRST MYGN RNWK OSM MYGN INFA IMCL Momentum Screen RNWK RBAK PEET ORPH ICST IMDC SLVN (edu sector) SCHL (edu Sector) BLDP New Highs Screen BORL DFXI (Wait on this it had a bearish reversal today) DPMI ICST PEET PNRA RSTN SCHL SLOT SONE The ones that show up on multiple scans are the ones I usually watch the closest...also note the Education sector has been heating up a bit, there were a few with reversals this week (RLRN was one) and SCHL and SLVN both showed up tonight. A sector to keep an eye on.

To: Connor26 who wrote (7846)	1/11/2002 7:13:06 AM
From: lee kramer	Read Replies (3) \| Respond to of 26752

I got this from my brother Michael. We shall push his "results" into the weekend and not let him distract us from our trading. Tell your traders that "we are all winners". doesn't that sound like a load of sh-t!? I will compile the ultimate list based on the number of times a particular entry is listed. There have been many such entries as MASH etc, but unless I get them in some order I can't create the ultimate list IN ORDER. I can only count the votes and give you a list of the most popular theme songs as voted by all you noodnicks. Someone wrote in the NOVA theme!