Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (15464)	12/23/2002 2:16:39 PM
From: Lizzie Tudor	Respond to of 57684

aggghhh 1:17PM Tellabs stages breakout (TLAB) 7.83 +0.50: -- Technical -- The issue has broken through the top of its week long trading range today. Sustained posture above the range top (7.64) and its 20/50/200 day moving averages in the 7.50/7.40 area short term keeps the bias favorable. Initial resistances of interest are at 7.95 and 8.05/8.11 (congest/bottom of Dec 04 gap). The stocks I follow are doing well here. I don't know what this means... whether we are setting up for a further advance or they are likely to go off a cliff thanks to the retailers. Unfortunately I don't own tlab (now).