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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: hmaly who wrote (143395)3/20/2002 7:51:36 PM
From: tejek  Respond to of 1577893
 
Ted Re...Harry, be careful of TARO......it broke its downtrend, but not on strong volume. Now it looks like its folding back on itself.
Just a heads up.<<<<<<<<<

Thanks, I noticed it also, however the volume of the whole stock market has been poor the last 2 days. I decided to stick it out. Besides, Taro opened at 32.34 this AM, and dropped to the low of the day within the first minute.

Harry, check out an intraday chart........it hit its low at the end of the day.

The good news not withstanding, volume has been low because people are pulling their money out and waiting to see if the markets will roll over or not. Plus March is end of the quarter window dressing for the funds.....things can become very unpredictable. FWIW.

ted



To: hmaly who wrote (143395)3/21/2002 1:05:33 PM
From: tejek  Respond to of 1577893
 
So, thanks for your concern, but I am holding. I am still $3 over on my initial investment, so I am getting nervous but not perspiring yet.

Harry, did some more looking at TARO. If you look at a two year chart, TARO's putting in a cup and handle formation.....its building the handle right now. I think shortly it will do a retest of the $28.45 low that happened within the past month. Once that's done, I think it will start building the right side of the handle. FWIW.

ted


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