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


To: IsaacF1 who wrote (2390)7/31/1998 2:52:00 PM
From: Cush  Read Replies (1) | Respond to of 13094
 
Thanks James & Isaac: Will be doing a lot of charting this weekend. Plan to go back through some of past 13s. Will definitely look at RECY, Isaac. Like the look of TAVA, a lot.
May not post often, seems I've only got questions,
but I'll be reading,
Ray



To: IsaacF1 who wrote (2390)7/31/1998 4:24:00 PM
From: James Strauss  Read Replies (1) | Respond to of 13094
 
Isaac:

I bought back some RECY today... The EBITDA numbers still point to a 16.00 to 18.00 valuation...

Jim



To: IsaacF1 who wrote (2390)7/31/1998 9:27:00 PM
From: JBH  Read Replies (2) | Respond to of 13094
 
Link to Barrons article on small caps on the Yahoo IFCI. Interesting as the media plays such a major roll in the market and the bargains look to be nearing:

messages.yahoo.com@m2.yahoo.com

then click the next post to continue the article

Scratching head trying to figure out why NEWZ moved up 4 1/2 points today on NO newz....looks like a partially a large player taking a position and it corrected itself...kind of interesting.

John



To: IsaacF1 who wrote (2390)8/2/1998 3:07:00 PM
From: Cush  Read Replies (1) | Respond to of 13094
 
Isaac: About RECY; as I asked Jim about TAVA, do you have specific indicators that are suggesting a buy to you? Notice the volume is over the 50 day MA. MACD? Stochastics; been hugging the 20 for a while. I would have expected the next level of support at about $3. with strong support about $2. Yahoo says 2 analysts have it as a strong buy; in Canada I've come to view analyst's (brokerage house affiliated) recommendations with some scepticism. Someone on the Yahoo boards suggests they may have experienced a weak quarter because of the GM strike (weaker demand for steel). Earnings due in about ten days. That said, it looks very interesting at this price. I'll be watching it this week.
Thanks for the suggestion,
Ray