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Technology Stocks : Stock Swap -- Ignore unavailable to you. Want to Upgrade?

To: Andrew Vance who wrote (11008)	1/30/1998 10:56:00 AM
From: Trader X	Read Replies (1) \| Respond to of 17305

We're getting a nice bump up in CYMI price this morning. It'll be interesting to see if it can make it past resistence at 17 1/2-18 on this move, or if that will have to wait. I'm going to be studying these charts closer this weekend, to see if the timing is now, or not. While almost all of the stocks in this discussion are doing well, few have broken above their reversal areas of resistence. Almost all are pushing that level the way AMAT is: chart.yahoo.com In other words, the qustion is not answered untill these resistence levels are broken--vigorously. My hesitation comes from the feeling that we could see retests of the respective lows in the course of the next several weeks. Overhead selling is still coming in, keeping these stocks from breaking into uptrends. I'm with you on the matter of their relative importance, but holding back from posting absolute buy signals for now. My motto is "better safe than sorry". -Kevin