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

To: James Strauss who wrote (3766)	2/26/1999 11:13:00 PM
From: Lawrence Burg	Read Replies (1) \| Respond to of 13094

Thanks on LOCK. Hadn't picked up on the 13W yet. Price settled right on the 200DMA today after groundhogging above it at $2 for a second... Other TA looks optimistic also. I'm curious to see if it'll pop and hold over $2 through next week and use the 200DMA as a support before advancing further. I've seen this behavior before. It's really cool when it happens :o) What is the typical behavior after crossing through the 13W? Pause? Retreat? Explode? I'm light on the FA. Working with the various profiles, but here's a few stats...Saf-T-Lock manufactures in the grip or on the magazine tumbler type combination locks for pistols...a news piece aired on ABCD World News Tonight Thursday 25 Feb about gun accidents and may have been tilted towards the industry's reluctance to entertain any safeguards; LOCK CEO was part of the piece & LOCK product was noted...6.2 OS w/3.8 float...Price to sales at 100+...(.45)/share net...one P&D last year...seems to be riding recent current events of gun violence victims suing gun manufacturers...I see only one other major competitor so far, but mst other products seem more antiquated...good lookin' charts w/minor price trend reversals evident the last few weeks and conservative reversal confirmed when the price broke 1 3/4, based on last significant peak before the bottom, Mid Nov = 1 3/4...pretty cool site w/some good endorsements...http://www.saf-t-lok.com/index.html