SI
SI
discoversearch

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.
Technology Stocks : STAR Telecommunications (STRX) -- Ignore unavailable to you. Want to Upgrade?


To: Art C. who wrote (364)9/6/1998 1:59:00 PM
From: Thomas Stanton  Read Replies (1) | Respond to of 780
 
Here is a TA from a friend at another BB.
Just another viewpoint.
TomS
======================================================================

mystifier44
(36/M/Buffalo,NY)
Sep 5 1998
7:01PM EDT

I took a look at STRX as per request. I'm giving it the thumbs up provided the market doesn't
experience further reguritation. As of Friday price closed over the 13 day EMA:

tscn.com
8%2CD%2CD%2CD%2CD&Timespan=99999&Submit=Submit&0val1=13&0val2=1

As you can see on that link if you would have traded by the 13 day crossover you could have
realized a 156% return in just 8 trades! And thats with price in an uptrend AND a downtrend. Got to
love those techs, right REMY?....lol!

Further signs of strength were given by the MACD crossing over the zero line:

tscn.com
&nocache=63343&PH=2&Symbol=STRX&Timespan=99999

And Momentum:

tscn.com
6%2CD%2CD%2CD%2CD&Timespan=99999&Submit=Submit&0val1=18&0val2=14&0val3=4

One more upday and the green for go should be given by the CCI indicator:

tscn.com
0%2CD%2CD%2CD%2CD&Timespan=99999&Submit=Submit&0val1=14

As far as the fundamentals, they appear to be moving in the right direction judging from the green
numbers on the following:

stocksheet.com

I refuse to dig through the fundamental mumbo in the 10K....Remy likes that sort of thing, not me.

All in all if we get a pop in the market which BTW I'm starting to feel is a very good possibility I
think you may have a good play in STRX. But discipline must be adhered to! If you get the nasty
red arrow on the 13 day EMA chart, dump it like it was managed by the DelGiorno's....lol!

Myst



To: Art C. who wrote (364)9/8/1998 3:22:00 PM
From: Spaw  Read Replies (1) | Respond to of 780
 
Art,
If you are feeling a little uneasy about the fact that the market is rallying hard and Star is not participating, don't be overly concerned. STRX is doing what it is supposed to do right now. Three consecutive up days with closes above the open, higher highs, higher lows. Stock should consolidate on the 4th day. Also, look at the % move from 10 3/8. This is not abnormal.
We could even see a little down movement in the next 2-3 days.
This should be followed by further upward movement.
I would really like to see a strong up move tomorrow, which would be incredibly bullish. However, this is a damaged stock that will take time to mend.

--spaw--