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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: briskit who wrote (34529)4/16/1999 9:27:00 PM
From: briskit  Respond to of 120523
 
WEBT--To all chartists: Looking at the chart it seems possible that if WEBT goes up it will meet its most recent uptrend support from below. It's short-lived longer term support is still below where it is currently trading. Meeting previous support from below is said to be be a classic short signal (Trading for a Living, I believe). Is this chart an example of that? Does the longer term support take precedence over its recent trading action? Would love analysis pointers.
USWB--Same question for USWB which is well below any support at this point, it seems to me. I am long USWB now (who isn't?) but wondering about TA and reasonable exit expectations.
MuchTIA



To: briskit who wrote (34529)4/17/1999 12:22:00 AM
From: kha vu  Respond to of 120523
 
USWB...
thestreet.com

<<<<<<<<<<In the current round, we have in the finals such idiotic changes as Borland's switch to Inprise (INPR:Nasdaq) and USWeb's (USWB:Nasdaq) switch to ReinventCommunications after it merged with CKS. (Mercifully, a company that already owned that moniker sued the company last December -- can you imagine defending a name like that? -- and USWeb changed to USWeb/CKS. Not exactly music to the ears, but not moronic, either.)

The new nomen nudun comes from Computer Literacy, about which I wrote here just before its IPO in November 1998. Last week that perfectly fine and even appealing name was dumped when the company changed its name to FatBrain.com (FATB:Nasdaq).

Nope, this isn't a delayed April Fools' joke: They really did.

I suspect FatBrain may have retired the trophy.

>>>>>>>>>>>>>>>>>>>>