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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: freelyhovering who wrote (729)2/16/1998 9:37:00 PM
From: Sergio H  Read Replies (3) | Respond to of 29382
 
Myron, you've had your quota for this weekend. I do recall taking a couple of hours on your previous list. Narrow it down to the best and I'll be happy to see what I can find. Let's go for quality. I know, now you're under pressure. Pop a Cel-Ray concoction and you'll be alright(g).

The Amigo's added RECY to the portfolio last week but we haven't added any other stock yet. I am waiting to hear from Mike and Cary.

Sergio



To: freelyhovering who wrote (729)2/16/1998 10:08:00 PM
From: Ken W  Read Replies (1) | Respond to of 29382
 
Myron,

MPML:

I just pulled this one off of your list. While the chart (as you know) looks promising, the FA IMO is shaky at best. The core of the co. is gold and silver. They have launched into the enviromental clean up fray, developing what they call SkyGas tech. While the co. has made some progress from startup to reporting some rev's, I would be a bit leary of this one. The businesses are to diverse from one another. gold and silver to clean air and producing "other valuable chemicals" from the waste sounds a bit too much like GRNO to me.

The did not re lease 13 of their mines in Montana this year and have not mined others in the past year.

I reading their statements in 10Q, things are a little too general and way too much dealing with co.s outside of the US. IMO this makes it very difficult to confirm contracts etc.

Finally. The stock is heavily hyped by some outfit called emerging stock newsletter as the next US Filter. It may work out. but.....to many red flags.

Regards

Ken W



To: freelyhovering who wrote (729)2/16/1998 10:30:00 PM
From: Magnatizer  Read Replies (1) | Respond to of 29382
 
Amigos

For what it is worth here is the weekly second opinion on NRL

Enter New Symbol | Market Edge Home | Help

Weekly Second Opinion - NRL
02/17/98

Symbol: NRL
Name: NORRELL CORP
Exchange: NYSE
PRICE ANALYSIS Wk. Close 22.38
Wk. Open 21.50
Wk. High 22.69
Wk. Low 21.25
Wk. Change 1.32
YrHigh 36.44
YrLow 15.81
Mo Chg (%) 23.4
Resistance N/A
Support 18.48
BUY STOP 20.30
Volatility (%) 3
Position 93
ADXR 26


OPINION C-Rate 0.0
NEUTRAL
FROM AVOID
01/19/98 19.25


VOLUME ANALYSIS Ave Daily Vol 1639
Mo Chg (%) 12.4
U/D 1.4 Slope UP
Obv BL
Pos Obv BL
Neg Obv BR *
MFI 91 Slope UP




TECHNICAL ANALYSIS Alpha -0.09
Beta 0.51
MACD-ST BL
MACD-LT BL
50-Day R.S. 0.79
10-Day M.A. UP 105
21-Day M.A. UP 112
50-Day M.A. DOWN 111
200-Day M.A. DOWN 78
STO(Slow %K) 70
STO(Fast %K) 78
Wilders-RSI 75
OBOS -2
Bollinger Bands 12
RSV 11
POWER RATING 36


SCORE = 3

COMMENT


Moving Average Convergence/Divergence (MACD) indicates a BULLISH TREND
Chart pattern indicates a POSSIBLE TREND REVERSAL
Relative Strength is BEARISH
Up/Down volume pattern indicates that the stock is under ACCUMULATION
The 50 day MOVING AVERAGE is falling which is BEARISH
The 200 day MOVING AVERAGE is falling which is BEARISH
LOOK FOR SUPPORT AT 18.48

RECOMMENDATION

STOCK SHOWS STRONGLY IMPROVING CONDITIONS SCORE = 3
IF YOU ARE SHORT THIS STOCK CONSIDER COVERING OR MONITOR STOCK CLOSELY
STOCK IS AN EARLY ENTRY BUY CANDIDATE IF STOCK CLOSES ABOVE 20.30

Early bird gets the worm!!!!
David