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To: Stephen McCullough who wrote (13421)2/13/1998 1:48:00 PM
From: Susan Saline  Read Replies (2) | Respond to of 53068
 
HA

Nice pick, it's doing great!

Sue



To: Stephen McCullough who wrote (13421)2/15/1998 3:20:00 PM
From: DanZ  Respond to of 53068
 
SZ, MCRE.

Steve,

SZ has resistance on the daily chart at 2 7/8 and the stock is somewhat overbought. On the positive side, it has good money flow and the upper daily bollinger band is rising. While the daily chart is mixed, the weekly chart looks constructive and the stock will complete a triple bottom on the weekly chart if it closes over 3. The weekly lows are at 2 in Sep 96, 2 1/4 from Feb 97 to May 97, and 2 1/4 in Jan 98 to Feb 98. A close over 3 would project targets up to 4 and a 33% move is obviously very good. The stock looks good to me but I would like it even more if if it closes over 3.

MCRE is approaching the upper daily bollinger band near 8 3/4. The weekly chart looks good with a double bottom near 6. I would use an intermediate term target of 10 3/4 to 11 1/4 although the stock is extended and near short term resistance.

Overall, these two stocks look great for longer term investments but not so much for short term trading opportunities. I would change my view to a short term buy on MCRE if it closes over 9.

Dan