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To: chowder who wrote (6156)1/23/2002 4:39:20 PM
From: herry iball  Read Replies (1) | Respond to of 206191
 
BJS: nice recovery today off consolidation/support @ 25.68, on good volume. I see the selling volume tapered off prior to today's move. Closed above the 10dma, should see some resistance at the 50dma which is hitting the 200dma (downsloping).

The 20dma also turned down and is approaching an area where the 50/200 are bumping into each other.

So, based on what you've said in some of your posts, the bounce is not sustainable with the moving average congestion above to act as resistance.



To: chowder who wrote (6156)1/23/2002 7:02:01 PM
From: jim_p  Read Replies (1) | Respond to of 206191
 
Brother Bum,

What's your take on the NAZ?

Picked up some GLW, AMD and KLAC this morning, and can't decided if it should be a for hold or trade?

Still have a 6% gain in TYC after today, but it now looks questionable to hold.

I didn't get all my orders filled yesterday, but I did get some nice positions in VPI, XTO, DNR, SFY and DVN in the E & P's. Also got filled in KEG, UCO, MVK and PDS in OS. Oh yes, I forgot the 22K shares of HC. :-)))

Life is good.

Let mom we can put up the bail money now.

Jim