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


To: Johnny Canuck who wrote (40843)3/12/2004 4:34:08 PM
From: Johnny Canuck  Read Replies (1) | Respond to of 70316
 
Barely squeacked above, but the COMPX close above the important 1984 level. We need to see that strength continue after the first hour of probably selling on Monday. Otherwise we go down to test 1940.



To: Johnny Canuck who wrote (40843)3/16/2004 8:42:33 AM
From: Bill Cotter  Read Replies (1) | Respond to of 70316
 
Hi Harry; AU Optronics (AUO) that you referenced looks interesting. It's one of the few that looks strong both technically and fundamentally. Although they are just an LCD company, which is basically a commodity, sales have been increasing at a fantastic rate.

The next big thing that we could all use is wireless broadband. If that occurs, there will be the same proliferation of laptop computers that we see today in cellphones. LCD's should continue to grow.