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


To: Johnny Canuck who wrote (38935)3/4/2003 3:17:38 PM
From: Logain Ablar  Read Replies (2) | Respond to of 71231
 
The S&P looks ready to enter the vomitt zone. A 3rd touch @ 780 usually means a break to new lows.

stockcharts.com



To: Johnny Canuck who wrote (38935)3/4/2003 3:21:22 PM
From: Logain Ablar  Read Replies (2) | Respond to of 71231
 
Harry:

I used to like Corning but didn't they do one of those floorless convertibles?

I'd dig into the fundies of this one before thinking of a LTBH (trade is another matter as the pnf chart looks good although some strong resistance right over head) as it has debt and has had to shed good assets to raise cash.

(my fundamental comments are based solely on tid bits I've picked up on the net without doing any detail research. Hey TA wise they may have turned the corner).