To: James Strauss who wrote (2166 ) 7/6/1998 12:09:00 AM From: Magnatizer Read Replies (3) | Respond to of 13094
13s TA for week of 7/06/98 volume, volume, volume disclaimer: below is listed my viewpoints on the 13s for this week. The information is not intended as investment advise. Always consult a financial advisor prior to making any investment decision. And above all else, never, ever believe everything you read on the internet (especially if posted by a person who likens himself to a color, IE Mr. Blue, Mr. Red, Mr. Fink) Plus 4s none Plus 3s IBAH: Though there is lots of overhead resistance coming IBAH made the 3 list because there is a good chance at a blowoff top soon. this could be played by a quick trader. For long term entry wait for a retest of the long term downtrend. A dip to 5.375 is likely. Magnets: 4.00, 5.00, 6.50, 6.625 weak, 6.875, 7.00, 7.50 weak, 8.00 strong.... DYNT: Just needs volume. Magnets: .8125 to 2.625 multiple, 4.4376 weak, 4.625, 4.6876, 5.50 (all time high) and there are none above 5.50 Plus 2s PAMCE: At a critical juncture IMO. Many indicators are wound tight. It needs to pop and sustain before entry can be considered safe. TLSP: weekly chart has a triple doji recently. Banging on long term downtrend in the 9.35-9.50 area. Needs to break it to be considered a good long. XYBR: watch list. Needs to retest 3.9375 magnet IFCI: Watch for mid week move. Need MACD to reverse up. LIPO: long term watch list candidate. Real run a good 3-6 weeks away CHRS: long term watch THDO: long term watch SEMI: Needs to break long term downtrend and hold. Lots of magnets in the area which may make it tough to move very far. ALRS: wanted to be a 3 but needs to get a few indicators turned around. Entry around 6 looks like a great area for longs and short term investors. ITSY: needs to test 5.1666 magnet. Is a bit extended. Will need to be reevaluated when it reaches 5.1666 ITEC: long term watch FVHI: long term watch AWT: possible retest of 2.375 magnet. Most likely a quick bounce off of it if it does. entry around 2.75 looks good HYALF: long term watch. short term it could make a nice trader but not ready for a sustained run. ADMT: currently overbought. Also has been going sideways for over 7 years. I don't trust this one. INLQ: warning flag Advance/Decline line is breaking down big time. Other technicals were showing strength prior to Thursday so a turnaround of the AD line is possible. GTBX: being bought out by schwinn for 8 (?) a share ht david won't be around for the rest of the month to do updates. hope everyone has a wonderful July.