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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Suresh who wrote (18829)	12/14/1998 1:52:00 AM
From: bobferg	Respond to of 69025

Suresha, I plot the NYSE new lows (data from PC quote, symbol $nlon) into a spreadsheet each night along with a bunch of other market data, it helps me "feel" the market. Additionally, I use Reuters as the data vendor for my Metastock charts and Reuters also has the high-low stuff so I get redundant looks at the info, hard for me to miss a signal...I have idiot proofed it to protect me from myself :) I like the LXK story. When selling complete PC systems it is hard for me to believe IBM, Dell, Gateway and Compaq and the other boxmakers would be too excited to bundle HWP (competitor) printers, so I think LXK steals market share going forward. Technically I have a target on the stock of $100/share which is the projection of the double bottom made in September-October, but for now I'm just scalping stuff.