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


To: TimbaBear who wrote (13773)5/4/1999 1:00:00 AM
From: BoNg-N-BoNg  Respond to of 43080
 
OSX/XOI comments - API report on tuesday closing so we might have weakness on OSX in general tues. while waiting for the report..bad API, expect a selloff possible until thurs. If API's # are better than expected we might have continuing strength until next week again...my usual list are PTEN, UTI, KEG, TMAr, FLC, FGI GLBL on which 3 stocks on that list that are showing weakness this past few days:

TMAR - bad API report, my guesstimate of retracing below $7 is possible to $6 - $6.50 range before recovering... good API report should recover at this current price and going to $9+ resist.

FGI - same situation..testing 16-17 area on bad API before retesting the 20 1/8 resist..good API should bounce at this level..

and lastly KEG - looks like it wants to retry its recent low of $2.94 and double bottom.. worth watching..

just a thought..
eL..