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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: Surfratiam who wrote (13196)	4/23/1999 3:51:00 AM
From: BoNg-N-BoNg	Read Replies (2) \| Respond to of 43080

comment: TMAR, PTEN & SEBL & add FGI & UTI to watch TMAR - next resistance is 9 1/4 happened on 10/27/98. I believe this will be the major resistance and I expect a retracement at that point more likely on monday.. I almost sold today since my hit price of $8 was touch early in the morning but luckily I canceled it before it finally broke that $8 resistance.. PTEN - I bought it few minutes before the closed at 7 3/16 since it broke the resistance and a recover of sell off of other OSX stocks before the closed.. next resistance at 8 1/16 happened on 9/14/98 **both TMAR & PTEN is about to enter overbought territory on stochastic.. there's alot of earning reports on OSX stocks on thursday so I don't know how the market will react today w/ them since half of them meet the estimates and the other half meet below estimates but in TA view, the recovery of OSX index thursday afternoon look encouraging for another run atleast until monday as I said earlier.. SEBL - still holding.. but will sell if there's any weakness on Nasdaq today esp. in the afternoon and will definitely re enter after any weakness.. this is a good short term hold and expecting to retest its 52wks. high in a month or less... just a thought.. eL...