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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Challo Jeregy who wrote (5915)4/8/2002 5:41:23 PM
From: John Pitera  Read Replies (1) | Respond to of 33421
 
Hi Challo, INTC was flirting with a technical breakdown of it's Andrew's pitchfork and it's 200 dma today, but rallied with the market and thus it did not break down.

a not surprising list of some of the stocks with new 52 week highs today:

2:05PM New 52-Week Highs of Note : Among the issues advancing to new one-year highs today are The Sports Authority (TSA), Toll Brothers (TOL), Ryland Group (RYL), JLG Industries (JLG), P.F. Chang's China (PFCB), West Marine (WMAR), K-Swiss (KSWS), Gart Sports (GRTS)... Heavily represented groups on the new high list include homebuilders and retailers.



To: Challo Jeregy who wrote (5915)4/9/2002 8:22:34 AM
From: John Pitera  Read Replies (1) | Respond to of 33421
 
Hi Challo, I was looking at a number of stock charts last night and many of them don't look that good. This is especially the case for stocks such as AOL, EMC, NT and a number of other Tech stocks that were former "Must Own" stocks.

Here's a cross section that are not all tech.

thecapitalmarkets.com

these P&F charts are not that flashy either.

thecapitalmarkets.com

many more breakdowns than break outs.

How do they look to you?

John