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


To: Judy who wrote (15152)1/25/1998 3:00:00 AM
From: The Jedi  Respond to of 68689
 
Read your post. I looked at some back data. I found that to call for a turn for sure the weekly low should be near or above the 50week ema for atleast 2 consecutive weeks. At that point going long the 2000 leaps would be extremely profitable. The sector is known to create false bottoms as it did in March April of 96. I would wait for the overall market to turn before getting in. Good luck.

Kiri



To: Judy who wrote (15152)1/25/1998 11:44:00 AM
From: Logain Ablar  Read Replies (1) | Respond to of 68689
 
Judy:

Whats your take on CYMI in the semi-equipment carnage (I've been following this for some time as a potential long term investment and I remember it being one of your story stocks).

Have you changed opinion on the market? (No longer trending down)

RMBS is getting close to my entry point (high 30's, but thats not based on any TA).

WIND looks like it won't get any cheaper.

Also, I'm posting less due to work constraints. (Also, AOL has only 2800 modem access where I'm working for next month or so (had to move my PC so can't access when I go home) and I hate the long distance charge.

Good investing

Tim



To: Judy who wrote (15152)1/25/1998 12:21:00 PM
From: tech fool  Respond to of 68689
 
Thanks for the heads up -- I noticed that too and will be looking to get out on Wed or Tues if not before. I'm traveling this week so it may be hard to catch the best exit. Hoping for a pull back to get into to semis. Do you like TER or ANAD?