To: Doug R who wrote (62 ) 5/30/1999 5:51:00 PM From: bruce-l Respond to of 670
Doug: Inspector L reporting on "THE PROJECT" LTXX - 9.00 Above bullish threshold, 233 cci close to all time high, 13 drsi at 78 and hitting possible resistance, nice uptrend in 4,3,2 & 13,8,8 stochs, 89,3,5 stochs close to pasted as in 100, basically a lot of indicators look toppy. Looks like some trendline resistance in the 10.0 area. LUNR - 8.438 Above bullish threshold, just broke thru some downtrend resistance in 8.00 area, has some more trendline resistance and recent activity in the 9.00 area to deal with. LEAF - 5.688 Above bullish threshold, recent xover of 89d MAMLR, MA tight with 5d & 13d breaking out, Doug check out the MACD uptrend line, (blastoff area?), big increase in volume last 6 months, SMI Group reasonably close, one year O'Neil Cup formation, broke above uptrend of highs (2/2, 3/10 and 5/3), AD not good, otherwise I think this is showing some REAL Attitude, what do you think. Some resistance in the 7.5 area. LVEN - 2.312 Didn't really trip my trigger LPAC - 5.312 What can I say, made the list last week, You held it over for this week, hit 2 scans and I think bdog might still be in it,(YIKES, maybe scratch that last part <ROFL> sorry bdog couldn't resist) If it can hold the 2/17 - 4/9 support and then break over 5.5 - well lets just keep an eye on it. LINK - 7.00 13 drsi NOT confirming the higher highs in the price. I guess I'll leave it at that. Also dealing with a couple of downtrend lines in the 7 3/8 area. LNET - 12.156 After Fri big move(1.156) maybe a bit extended IMO Above bullish threshold, recent 89d MAMLR xover, 13d cci at 240, 4,3,2 stoch uptrend, 89,3,5 stochs almost pasted, Fri move broke all kinds of IHS in short and mid term rsi. To keep from chasing, a possible entry would be if it retest the 11/18/97 - 4/20/98 downtrend line. The only problem if I drew my line right is it may have brokeout on Thur and retested Fri?:-( LCCI - 4.75 Doug I see you carried this thru too. broke above sym tri or just traded thru? Do you think the volume was high enough to consider this a break out? OK, now that we have all the BS out of the way my picks for this week are LEAF and LPAC. Hope I didn't get to carried away. All this extra time and no life <lol> Heck I even got my computer looking for Klingons, the Empire or whatever. Downloaded a program at setiathome.ssl.berkeley.edu to look for ET's. WOW what next. bruce ps. Happy Memorial Day to ALL