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Technology Stocks : CYRIX / NSM -- Ignore unavailable to you. Want to Upgrade?


To: Stormweaver who wrote (32029)5/5/1999 1:37:00 PM
From: Debra Orlow  Read Replies (2) | Respond to of 33344
 
From a TA point of view, I do believe that there will be some profit-taking in this
17 3/8 - 17 1/2 area. Why?

--the last intermediate term high was 17 5/8 on 12/3/98
--Edwards & Magee measuring formula for this flag/pennant shows a target of 17.4

Just my humble TA opinion.

Does this mean it can't go higher? NO, but I go with chances. And chances are it at least stalls here. Since I'm in at 12 5/8 4 days ago, I feel good with the profits I have.

Good luck to all those that hold!



To: Stormweaver who wrote (32029)5/5/1999 1:40:00 PM
From: tejek  Read Replies (1) | Respond to of 33344
 
James

That upgrade did the trick.....i think nsm will end up over $17 even with the rest of the markets down. INTC isn't up because i think their major competition has been more amd than nsm. In fact amd is up 1/8 which makes sense because they will inherit nsm's small share. I can't believe the volume....well over 15 million. Its like a bulldozer. Clearly the market is liking this latest move of halla.

ted



To: Stormweaver who wrote (32029)5/5/1999 2:09:00 PM
From: tejek  Read Replies (1) | Respond to of 33344
 
Man, nsm is up 2 3/4 and almost 19 million in volume. Unbelievable!!