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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: TWICK who wrote (10823)	6/30/1998 7:10:00 PM
From: LastShadow	Read Replies (1) \| Respond to of 120523

Response PSIX I follow nightly, and haven't seen it moving to where I want to enter since it peaked a week and a half ago. From here it could go up or down. Right now, if it breaks 13.5 I would buy. QWST could go to 39, but the huge volume seems to have exhausted the rise today. The leveling at late afternoon says it could start to oscillate a bit, or have some continued rise on mm action tomorrow, but that would nmake me wary of a quick reversal. The final action didn't portend of a gap in themorning, but if it does I would play the modified gap strategy instead of the full gap (in other words, 75% of the spread above open as opposed to the high of the morning), and only recommend that to real time traders. USCS started moving on a 100k share buy on 6/24 and the chart surprised me in that it didn't dip much during the selloff. I would say 21.125 is the limit buy to tarrget - if it breaks the old ceiing it should move nicely, as it looks to be more like position traders than daytraders going long from the time and size of the buys (that gets hard to explain - I make that assessment from eyeballing the frequency of the trades and whether there is coincidental trading occurring, but you have to have earned your bifocals looking at too many charts to appreciate that...). If it doesn't hurdle 21, then i expect it will taper off and drop back some. lastshadow ps - sorry I didn't respond to this earlier, but when someone address Jenna about a stock, I figure they want her form or of, or specific appraisal.