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To: Judy who wrote (14914)	7/18/1998 11:56:00 AM
From: Andrew Vance	Read Replies (1) \| Respond to of 17305

AV--I always will look forward to a review by you, Judy. As far as UTEK is concerned, I fear I must have miscommunicated something because my entry exit targets are almost idential to yours. Mine were $20 or less for entry and $22 or better for exit. However, it would not surprise me that I committed an error in one of my previous posts that gave the imprssion 22 might be a good entry price. I will be more careful in the futre. Andrew

To: Judy who wrote (14914)	7/18/1998 12:25:00 PM
From: Robert Graham	Read Replies (2) \| Respond to of 17305

I like your observations, Judy, particularly your reference to the support and momentum MAs. I looked at this chart on UTEK and the technicals have been starting to improve on this stock. However, like you have said, on this beaten down stock the 200 day MA is the one to watch. I see where the price tested the 200 day MA and validated it by rejecting the price of 23. Not only has the 200 day MA been validated in this way as resistance, but this price action in itself will provide resistance to further upward movement by the stock. So in layman's terms, this stock is not ready for "prime time" yet at least until it makes it above its 200 day MA and stays there which I do not think will happen anytime in the near future. The 200 day MA is at the price of 23. There are currently much better fish to fry in this market. As far as the ongoing discussion over this stock is concerned, why trade a stock with a solid barrier like the 200 day MA directly in its way? Trade a stock that at least has the potential to move up more and that has demonstrated buying interest by remaining above its 200 day MA. At least the profit to risk profile of this stock would be much more in your favor. Consolidation is in this stock's near future. And a good understanding and use of the profit to risk profile of a stock should be in every successful trader's future. Bob Graham

To: Judy who wrote (14914)	7/18/1998 4:29:00 PM
From: Grashopper	Respond to of 17305

thanx for 14916 on use of technicals on utek. i obvously should have done same before leaping. By chance you dont have same analysis on ter?

To: Judy who wrote (14914)	7/18/1998 10:05:00 PM
From: Investor2	Read Replies (1) \| Respond to of 17305

Thanks for the analysis of UTEK. After reading the replies to your post, I notice that there is a discrepancy on the precise level of the 200 day EMA (probably the other EMA's too). I went to the following two sites, and noticed that they calculate different 200 day EMA's as well: askresearch.com bigcharts.com Is it common for different services to calculate different levels for moving averages? Thanks, I2