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Strategies & Market Trends : Stochastics -- Ignore unavailable to you. Want to Upgrade?

To: Wayners who wrote (355)	3/18/1998 5:17:00 PM
From: Wayners	Read Replies (2) \| Respond to of 927

Analysis at close on 3/17/98. Updated AMAT through XCIT. NASDAQ Last signal buy on 9 Mar. Very slight uptrend. Still tottering on the edge of a sell signal based on 5 day stochastics. That slight uptrend gives it a stronger possibility to break to the upside than the neutral trend yesterday. AMAT Last signal sell short on 18 Mar. In a moderate downtrend. Forecasted a sell signal today and we got it. I'm looking for a run down to $30, just looking at the past support and resistance levels. AMD Last signal sell or sell short on 18 Mar. Neutral trend. Expect a run down to the $20 to $21 level.. AMZN Last signal buy on 18 Mar. On a nice uptrend, ready to break out good to the upside. Volatility is increasing smartly. Good high volume today as well. Real nice uptrend.. AOL Last signal buy on 6 Mar. ARX Last signal buy on 10 Mar. ASA Last signal sell signal on Mar 12 on neutral trend. ASND Last signal sell signal on 13 Mar. AVM Last signal sell or sell short on 18 Mar. Narrow bands and really low volatility. Bias for a downside break. A downside break goes to $12. AVNT Last signal sell signal on 17 Mar. Nice gainer $15 to $20. BBIOY Last signal buy to cover signal on Mar 12. BMY Last signal sell signal on 13 Mar. CADE Last signal sell or sell short on neutral trend on 12 Mar. CBIZ Last signal buy to cover or buy on 13 Mar. CDRD Last signal buy to cover on 4 Mar. CEXP Last signal sell on 13 Mar (neutral trend).. CFON Last signal buy or buy to cover on 12 Mar. CIEN Last signal sell on 18 Mar. Stochastics peaked today and give a sell signal. It was up against the resistance at $50 anyways. Did a real nice run from $45 to $48 using the signals. Look for next buy in opportunity--because of the uptrend or sell the $50 calls for Apr. CKFR Last signal sell on 18 Mar. Another stochastic peak. Sell or write covered calls--the Apr $25s into the uptrend. Upside resistance is pegged at $25. CLST Last signal sell on 18 Mar. The uptrend is flattening out and has been losing momentum since the beginning of March. I wouldn't even mess with writing upstrike covered calls because the trend seems to be neutralizing. This is what you see prior to a reversal in trend. COMS Last signal buy on 13 Mar (neutral trend).. CORR Last signal sell on 13 Mar. CORX Last signal buy on 12 Mar (neutral trend). CPQ Last signal sell short on 17 Mar. CTXS Last signal sell on 17 Mar. CYBR Last signal buy to cover on 18 Mar. The trend is down so next stochastic peak will be an opportune short. Volatility is increasing. CYMI Last signal buy on 6 Mar (neutral trend). CYPB Last signal sell or sell short on 12 Mar (neutral trend). DELL Last signal buy on 13 Mar (neutral trend). DIMD Last signal buy on 12 Mar. DSYS Last signal sell or sell short on 16 Mar (neutral trend). DWRX Last signal sell or sell short on 13 Mar. EFII Last signal sell on 11 Mar. FONR Last signal buy to cover on 12 Mar. GERN Last signal sell or sell short on 9 Mar (neutral trend). HD Last signal sell on 16 Mar. HRSH Last signal sell or sell short on 18 Mar. The volatility is so low and the bands are so narrow I have no idea which way this thing will break for sure, but I'd give it a downside bias based on the longer term downtrend. IDTC Last signal buy on 18 Mar. Volatility set to increase to the upside to continue the longer term uptrend. Didn't move much on the buy signal, so could be nicely profitable. IHS Last signal sell on 12 Mar. IIT Last signal buy to cover on 10 Mar. IOM Last signal sell short on 17 Mar. IRIDF Last signal sell on 11 Mar. JLG Last signal buy or buy to cover on 12 Mar (neutral trend). KLIC Last signal sell short on 18 Mar. Moderate downtrend with a peak in stochastics. Next support level is about $20. Likely to be a 15% gainer really quick. LCCI Last signal sell on 6 Mar. LSI Last signal sell short on 18 Mar. Support level at $20 to $21. Volatility set to increase. LTBG Last signal sell on 16 Mar. LTXX Last signal sell on 13 Mar. MEDA Last signal buy or buy to cover on 17 Mar. (neutral trend). MIND Last signal sell on 4 Mar. Very close to a buy signal. Price is sitting right on top of a support level near $15. Likely to go to $19 after the buy signal. That would be a 20% increase in about 2 to 4 weeks. MPDI Last signal buy on 12 Mar (neutral trend). MSFT Last signal sell on 18 Mar. Its on a slight downtrend, giving it more of a bias to break to the downside. The bands are pretty narrow here too. A break below $80 will go to $75 to $77. MUEI Last signal buy to cover on 12 Mar. NORT Last signal sell short on 11 Mar (neutral trend). NSCP Last signal sell or sell short on 18 Mar. Very narrow bollinger band making it difficult to get the breakout direction right. Its been forming a base and the moving average on stochastics is trending up nicely. Its sitting right on a solid support level. In this instance I would ignore the sell signal, wait for the upside breakout which is what I think will really happen and ride it to the resistance level of $24 from the current $20. A downside break however goes to $15 to $17. ORCL Last signal buy on 18 Mar. Because of the uptrend, this thing is going to break through resistance at $30. Next resistance level past $30 is $32.50 or $35. OXHP Last signal sell short on 17 Mar. PNDA Last signal buy to cover on 6 Mar. PRMS Last signal buy on 12 Mar. PSIX Last signal sell on 16 Mar. QCOM Last signal buy or buy to cover on 10 Mar (neutral trend). QWST Last signal sell on 16 Mar. PSIX Last signal buy or buy to cover on 25 Feb (neutral trend). RIG Last signal buy on 13 Mar. RMBS Last signal sell short on 17 Mar. SFY Last signal buy on 12 Mar. SHVA Last signal sell or sell short on 16 Mar. SMOD Last signal sell short on 17 Mar. Support at $20. SOCR Last signal sell short on 12 Mar. Very close to a buy to cover signal. SUNW Last signal sell short on 17 Mar. Its up against strong resistance at $45 on a downtrend. I don't think its got the muscle to get past it. I still think its a good short. SYNT Last signal buy on 18 Mar. Still in an uptrend, but it isn't as strong as it was. Look for a break past $37. TDFX Last signal sell on 12 Mar. TMAR Last signal buy or buy to cover on 18 Mar. Its in a neutral trend with resistance on the upside at $21 5/16. TMX buy on 13 Mar. TRBO Last signal buy to cover on 12 Mar. TSSW Last signal sell on 13 Mar (neutral trend). TTRR Last signal buy on 17 Mar. UEIC Last signal buy on 13 Mar. VECO Last signal sell short on 18 Mar. Its in a moderate downtrend and the stochastic just peaked and hooked downward. Support at $25. Could be a good 25% gainer in just a few weeks. Volatility set to increase. VLSI Last signal sell on 18 Mar. I think I'd ignore the signal since its forming a nice base at a good support level. Volatility set to increase. WCII Last signal buy on 16 Mar. WTT Last signal buy on 6 Mar. XCIT Last signal buy on 18 Mar. Nice uptrend is intact. Volatility set to increase. Seeya at $60 plus from current $55. Will be a nice 10% plus gainer.