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Technology Stocks : IMRS racking up y2k contracts. -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (2480)5/3/1998 2:00:00 AM
From: eabDad  Respond to of 3162
 
KEA is holding the 10w, but there was a negative divergence and the slow stochastic I mentioned in the last message are heading for new lows - this is a warning signal to me. Money flow is good, though. KEA did get ahead of itself relative to PE. The S&P 500 inclusion about a month back created all the action above 51 in my view.

MAST actually looked a lot like IMRS about three weeks back. The difference here is that money flow came back positive with a vengence in the bounce, with the price breaking back above the 10w. This signals to me that the downdraft may be over, but I have no clear buy signals now either.

I am currently neutral on both for about a month at least.