Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?

To: IsaacF1 who wrote (1612)	5/20/1998 1:43:00 PM
From: Magnatizer	Read Replies (1) \| Respond to of 13094

F1 trying to catch it in the lower to middle 3s. If it gets there I am a buyer and will wait for it to run to the 5s. ht david

To: IsaacF1 who wrote (1612)	5/20/1998 6:30:00 PM
From: Raymond James Norris	Read Replies (1) \| Respond to of 13094

CADE will not dip below 3.75. There is substantial support there. Look at the previous trading and you should see a few things; A. The stock is making a "cup" as it has 3 times prior B. Its basing now as the Moving Averages Catch up C. There is low volume as the stock declines D. ADX has been very strong E. Stock is under accumulation F. Recent Fundamental news to support the TA I expect a base here at 3 7/8 before its ready to go back and hit new highs (within a few days, IMO). The stock is currently 21% above its 50 DMA. When that number is 15% or lower, the move should be about ready. Conservatively Yours, Raymond J. Norris