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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Jibacoa who wrote (38440)	11/22/2002 6:08:16 AM
From: Johnny Canuck	Respond to of 68501

I'll try to look at your list this weekend.

To: Jibacoa who wrote (38440)	11/27/2002 3:10:06 AM
From: Johnny Canuck	Respond to of 68501

Hi Bernard, I am finally get a chance to sit down and answer your question. To start with what is your time frame? Technically, we are still in a bear till we break 1588 on the COMPX, so investing is out of the question. stockcharts.com There has been nothing in the conference calls I have heard to suggest that we won't see another 12 to 18 months of the bear market( given that we are back to a more traditional 7 year economic cycle). It will probably be earlier than that as Bush should be turning on the spending taps soon to pave the way for the next election. Of your list, VRTS looks the strongest. It has broken the down trend and established a new up trend. stockcharts.com Trapped between the 100 and 200 day EMA. Nice positive OBV trend. A little concerned about the volume the last few days, but if it can hold the 100 day EMA on a re-tracement it should have an easy run to the 200 day EMA for about 3 points. 139.142.147.218 QLGC has the second strongest chart on your list. Decent new up trend. stockcharts.com[PA][DA][F!3!!]&pref=G A potential double top is forming though. Short term it is overbought. It needs to be able to survive a re-test of the $38 level. It has good supporting OBV. I would not chase it though. Wait for the re-test to happen and hold. 139.142.147.218 In terms of investing, I posted two valuation scans today on the thread. I have to admit I am having a tough time finding anything that jumps out at me. Given that this is the case, caution is advised on any long positions. Third tier stocks like MWAV and WFII have finally moved. Usually when that happens, the rally is getting tired. We need money to rotate into the big cap techs like QCOM, INTC, NSFT, ORCL and MSFT before the market can move higher. BEAS looks like a decent trader if it pull back to the 10 area and survives the re-test. stockcharts.com[PA][DA][F!3!!]&pref=G Sorry, no fundamentals. I am still trying to catch up on CC's.

To: Jibacoa who wrote (38440)	11/29/2002 4:37:28 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 68501

The following stocks showed up on a scan. They have either crossed the 100 day EMA on volume greater than the 60 day moving average or are on the verge of crossing to the up side. Note that stocks whose OBV is greater than the level during the August rally are considered strong than normal. They should follow through if the rally continues. Watch for a continuation of the break out to scalp a few points or wait for a re-trace to the 100 EMA to enter if the test is successful. ALSC - needs to break August OBV high, semiconductor ASYS - no verge of 100 day EMA cross, needs OBV Aug break out, low vol stock, semi-equipment AVNX - 100 day EMA cross, Aug OBV breakout, optical componentss CMOS - 100 day EMA cross, Aug OBV breakout, semiconductor EDGW - 100 day EMA cross, Aug OBV break out EXAR - 100 day EMA cross, needs Aug OBV breakout, semiconductor MOLXA - 100 day EMA cross, needs Aug OBV breakout, electronic connectors MOT - 100 day EMA cross, Aug OBV breakout, recent volume suspect though, wireless/semiconductors NEWP - 100 day EMA cross, needs Aug OBV break out, semi-equip/optical PCOM - 100 day EMA cross, Aug OBV break out, low volume stock PRGS- 100 day EMA cross, needs Aug OBV breakout RDWR - 100 day EMA cross, needs Aug OBV breakout, volume suspect, networking, load balancer, watch FFIV SCIX - 100 day EMA cross, on verge of Aug OBV breakout, printing software, tied to publishing SNE - 100 day EMA cross, Aug OBV breakout TSTN - 100 day EMA cross, on verge of Aug OBV breakout, contract manufacturing UTEK - 100 day EMA cross, Aug OBV breakout, semi-equipment VERT - 100 day EMA cross, on verge of Aug OBV breakout, low volume stock, internet ALSC ASYS AVNX CMOS EDGW EXAR MOLXA MOT NEWP PCOM PRGS RDWR SCIX SNE TSTN UTEK VERT