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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (1343)1/5/1998 11:35:00 PM
From: Sal D  Read Replies (1) | Respond to of 2377
 
Sergio,
CMDL - From my TA point of view CMDL seems to be on the edge. The next couple of days could tell the story on this one, everything is looking like its ready to turn upwards. Unfortunatly I really dont know if its going to, this could be the bottom. If I had to quess the bottom I would say 8 7/8, where pretty close to that now, and if it gos under that it could be look out below, but if gos up from here on some good volume it could be a nice little ride. Most encouraging is candelsticks, a big white candle occured, generally bullish(if it appears when prices are low it maybe a sign of a bottom) also a engulfing bullish line occured this is bullish during a downtrend(which it appears CMDL is in right now) it could signifie the momentum shifting from down to up.
This could be the bottom watch that price and volume and enter at your on risk.

How about the hit MVSI took today on bad year end results, I still think thy are sound company and will have a good year, it may be worth it to take a look at them again.

LOL on your idea to short VVID over 16 1/2.

Dont have time right now for DGTC on the road tommorro I will get to it as soon as I can.
Joe



To: Sergio H who wrote (1343)1/6/1998 10:55:00 PM
From: Sal D  Read Replies (1) | Respond to of 2377
 
Sergio,
DGTC - DGTC is fighting it, Bollingers are wide price in upper band,, daily MACD is turning positive, price is above 200, 90, 30 exponential moving averages. Those 2 good days it had 12/30 and 12/31 (no good volume) got alot of indicators out of there downtrends, but most have turned down since, weekly candelsticks has a bearish harami, during an uptrend implies an end to the rally. IMO DGTC will probably come down a bit in the short term, would not like to see it go lower than 8 1/2, after that there is a possibility it can turn around for a intermediat or long play but I dont expect to much out of it for the short term. I would not enter right now , watch price and volume over the next couple of weeks and maybe take another look.
Joe