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To: HeyRainier who wrote (941)5/15/1998 3:29:00 AM
From: HeyRainier  Read Replies (1) | Respond to of 1720
 
[ Sunbeam Analysis: TA Companion ]

Keep an eye on the technical developments at Sunbeam's chart in relation to the fundamental developments that were unravelling:

members.aol.com

Note the behavior of the various oscillators (stochastics, momentum, MACD):

1. Note the position of the momentum peak
2. The bearish crossover on both the stochastics and MACD indicators

And most importantly note how much time one had to act before the whole situation unravelled!

Regards,

Rainier



To: HeyRainier who wrote (941)5/15/1998 12:01:00 PM
From: jopawa  Read Replies (1) | Respond to of 1720
 
Rainier,

I still want to get back in the stock, but there just doesn't seem to be any juice in it for the short term. I'm going to wait patiently until the suit is resolved and they get closer to the release date. However, when that time comes, I'll probably only pony up for less than 5000 shares.

Unfortunately, I have no good ideas for you as I close out almost all my positions everyday. I rarely hold anything overnight, unless I am almost totally convinced that I'll get a bounce in the morning.

Did you get a chance to check out the conversation I had with the kook on the CNBC thread. I'm actually a pretty nice guy, but I couldn't help but try to shame that guy back to reality! I finally gave up when he really started down the anti-mining CNBC conspiracy stuff!

Have a good weekend.

John