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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?

To: James Strauss who wrote (4375)6/2/1999 2:07:00 PM
From: Jibacoa  Respond to of 13094
 
"Profit Taking", you can say that or a typical case of "Buying on the rumor and selling on the news"

At any rate the stock right now at 4 1/8 is down 17 1/2% for the day but the bid/ask has improved in past 10 minutes.

Bernard



To: James Strauss who wrote (4375)6/2/1999 3:01:00 PM
From: Jibacoa  Read Replies (1) | Respond to of 13094
 
Jim:

The general market still doesn't look good.

On the Big Boys there are some holding up like INTC IBM AOL AMZN SUNW
ORCL

On the Small Boys with some good up-moves today: ATEN OSL HPH GGUY GGNS AHOM AFLX DANKY

Will keep watching the new 13s

Bernard



To: James Strauss who wrote (4375)6/3/1999 1:06:00 PM
From: Tai Jin  Read Replies (2) | Respond to of 13094
 
IFLO - I should've studied the chart before buying it at the peak. The chart shows that the runups are brief and always followed by a sharp pullback to the trend line (look at peaks in Feb and Mar). So looks like 3 1/2 is a good entry point.

...tai


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