To: Mavrick who wrote (1 ) 4/28/1999 6:42:00 AM From: MIKFREE Read Replies (1) | Respond to of 2241
Hey Mav, careful w/ TXLN, don't know about fundamentals, but stochiastics are %K at 72, and above 80 may be considered overbought by people who follow this indicator, and they may sell soon. Looks like it may have a little room to run yet, but i would keep a very close eye on it if i bought. The thing w/ NETP is it's hard to judge how much its worth, I only see a chart for 3 days! I assume it's an IPO, i heard somewhere it's a good idea to give these a month or so to stabilize before jumping in, but if you have found it to be a good one, go fo it! CHRZ has that stochiastic thing going on i was talking about before, except with this one %K is 82, and the highest it has gone, looking at the past year, is 86. Also RSI is 78, and 80 is the signal for overbought stocks as well on RSI. Technical buyers may be selling on you with this one Mav, if you buy now. UTEK looks like it may fall a leetle more too, looking at the stoch's again. NETA looks good!!! Sorry Mav, you are probably saying "Where did that come from??" LOL. I just wanted to give you a heads up on the TA side of things, and i may be completely wrong, but this is what i am seeing, maybe Margin man can respond to this, maybe i am off about something or am missing something with the TA side of things. But i am thinking, even if there is a good longer term outlook on these stocks, Technical buyers may still sell in the short term, and you may see a little dip, and if i am right about this, you can wait for this dip and then buy! Maybe this is what you have in mind. OK this post is long enough. Hope i am not on you sh&t list now. LOL Cheers, MIke