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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Cary Salsberg who wrote (2459)3/27/2002 8:23:52 PM
From: Return to Sender  Read Replies (1) | Respond to of 95963
 
MCRL is overbought and overextended technically. Is it also a long term buy for you?

stockcharts.com[h,a]daclyyay[pb50,200!d20,2][vc60][iUb14!Uk14!La12,26,9]&pref=G

ALTR on the other hand is precisely the kind of stock that is good for both short term and long term traders:

stockcharts.com[h,a]daclyyay[pb50,200!d20,2][vc60][iUb14!Uk14!La12,26,9]&pref=G

I would like to buy somewhere below 21 as close to 20 as possible. A short term trader could then expect a 20 to 25% gain based on the past swings throughout its range.

Of course eventually the stock will break back out above 25 and pay off big time for the long term holder. MCRL looks like a double top ready to fall soon. Of course I do expect the SOX to rise next week.

RtS