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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?


To: Thomas Frank who wrote (2689)5/2/1998 4:32:00 PM
From: Crossy  Read Replies (1) | Respond to of 37387
 
Tom,
I looked again at my Candlestick. You have to be patient with MWDS. This is a "floor" pattern. Support level is $5.75. If everything right there is ok, it should go thru its resistance of $6.5.

Look for a day with AVERAGE volume. If the stock advances on a day with aVERAGE volume nicely, I wouldn't sell. This is some sort of a deliberation phase. Don't think it should go down.

You know I'm in a Nasdaq Biotech upstart right now: GSII at $4.5: General Surgical. Litigation proceeds could endup in some unexpeted surprises (1 of 3 cases already one - this one was the most difficult), new distribution agreements and a current ratio of 23...

I would also give AHA & PWAV another check-out. If You would find out who will become the bellweather in SiGe (Silizium-Germanium) pls. let me know. That company should do extremely well because it will replace GaAs technology some years down the road..

best wishes
CROSSY