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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: James Strauss who wrote (14044)	4/26/1998 8:49:00 AM
From: Beachside Bill	Read Replies (2) \| Respond to of 53068

Chat Z update and pick ESST - Well I messed up not selling the Z position above 7. This one has strong support at 6 and the deal with Diamond multimedia should show profit in time. The problem is that I don't want to wait that long. Will find an exit soon. Hopefully at a higher price. The last two days after earnings seem to show that it has bottomed. I will update on IOM later and give a complete TA report on both. For Paul and a possible buy for the Z - DEZI Donnelly Enterprises. Recent news - biz.yahoo.com TA Weekly support at 7 1/2 and downtrend broken this week with a break above 8 3/4. There is resistance at 10, but has been broken before. Momentum indicators are showing this one is moving and given the weekly data I feel the 10 barrier will not hold long. RSI is moving strong to the upside with the price even after the last two down market days. Weekly CMO is looking good. Target would be 14. Stop day after a close of 8.75 or below Any thoughts for the Z?