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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: P.E. Allen who wrote (1212)1/28/1999 7:09:00 PM
From: SirAlexx  Read Replies (1) | Respond to of 52051
 
Technically speaking on DCHT,

What we have seen so far this week is explained in technical terms as an "inside week", which means that DCHT has stayed within last weeks low and high prices.

Periods of consolidation are generally marked by inside days and inside weeks which is another way of saying that the stock is working off its overbought condition prior to moving higher.

Today's lackluster volume indicates that the stock is looking for direction. Based on this companies momentum, I would say that we are about to see and hear great things from this company, and some big moves from its stock.

Happy trading, and make sure you have an ample supply of dramamine.

WARNING: I am getting tired of saying this but;

these opinions are my own, and no one, I repeat no one should take these as gospel. Being right in technical analysis is almost as accurate at winning a three card monte game, and if you use this analysis as the sole basis for an investment decision than you truly need to find another hobby.



To: P.E. Allen who wrote (1212)1/28/1999 10:01:00 PM
From: Stock Watcher  Read Replies (1) | Respond to of 52051
 
PE; on TAP; No tap dance here; hallaluyah; can it be ? A real company with earnings ?

GOOD PICK ! P/E: 8; dividend .50/float 392M; EPS: 1.23

Casualty insurance; revenues rose $7.73 BILLION; net income: 975M;
operating costs going down; 52 wk. range: $24 - $46/chart looks like it wants to break out to upside, but is still stuck between 24 - 30.

Last price: $28.19; please take a look at the chart; it still needs to break-out; FUNDAMENTALS LOOK A+++ / Like it ALOT !

SBUX/GMCH - even a fortune teller with the best crystal ball in town doesn't know a thing about this rumor....and it's starting to become an old rumor...and GMCH is starting to look like coffee grinds.... regards, sw