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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: CommanderCricket who wrote (18470)	1/11/2003 12:44:14 PM
From: CommanderCricket	Read Replies (1) \| Respond to of 23153

For you tech investors, here's something to think about. When you hear media spin about a tech comeback keep the following in mind. How can higher revenues and a positive book to bill be negative for tech? When the revenues and profits are booked and stay in Asia. Many North American electronic companies may not participate this time around. Tech companies are still cutting jobs and shutting factories in NA, including Mexico because of high costs relative to China. Be very carefull with any NA company with a signifacant cost structure in NA. Deflation is here and that sucking sound isn't Mexico but China. Ole Ross missed that one.. I don't believe this rally is real. My customers are saying nothing has changed for 2003.

To: CommanderCricket who wrote (18470)	1/11/2003 4:54:39 PM
From: kodiak_bull	Read Replies (1) \| Respond to of 23153

Commander, RRI? Slow down, relax and enjoy this one. Those who bought at $2 (or those lucky enough to buy under that price) are now sitting on 100% gains, with a world of possibility northeast on the charts. You want to sit with a stop that won't get hit on a whipsaw but will get you out of the stock if something fundamental changes. You can set the stop anywhere you want, on a moving average, judging the price by volume bars on stockcharts or simply a percentage of closing prices (saying to yourself "I won't surrender more than 9% from where it closed yesterday). There's no rush on RRI or OMG, imho, except for those wishing to add a position, to rush a little on a morning or afternoon selloff. Kb

To: CommanderCricket who wrote (18470)	1/12/2003 12:10:14 PM
From: chowder	Read Replies (1) \| Respond to of 23153

CC, RRI should meet some resistance around the 4.40 - 4.50 range. The stock is an uptrend on good volume. One could reasonably expect some profit taking, but it depends on how much profit one has as to whether they should let it run or lock profits in. I'm going to use the 10 dma as my guide until RRI trades above the 200 dma. Then I'll switch to a longer term indicator. stockcharts.com[h,a]daclyiay[pb50!b200!b10!i!f][vc60][iut!Lh14,3!La5,17,9!Lg10]&pref=G Although a stock can be overbought, it can stay overbought for a long time. Take a look at this stock. It stayed overbought for three months before giving up gains. stockcharts.com[h,a]daclyiay[d20020824,20021223][pb50!b200!b10!i!f][vc60][iut!Lh14,3!La5,17,9!Lp13,8,8]&pref=G I usually key off volume when dealing with overbought scenarios. As long as the volume supports such a move, stick with it until you see a day where the price is down on huge volume. Or, if you see a stock heading into resistance, or making new highs on low volume, take the money and run. dabum