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 Strategies & Market Trends | Rande Is . . . HOME

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To: U Up U Down who wrote (50285)4/12/2001 7:18:14 AM
From: U Up U Down   of 57583
 
FiberCore Inc. Rated New `Buy' at Sterling Financial
By Sybil Carlson

Princeton, New Jersey, April 11 (Bloomberg Data) -- FiberCore Inc. (FBCE
US) was rated new ``buy'' in new coverage by analyst David Bove at Sterling
Financial Investment Group. The 12-month price target is $8-$10.
quote.bloomberg.com 

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To: U Up U Down who wrote (50332)4/12/2001 8:06:25 AM
From: moufassa7   of 57583
 
Whoever let me grab some NTAP @ 13. Thanks. <eom>

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To: moufassa7 who wrote (50333)4/12/2001 8:31:49 AM
From: moufassa7   of 57583
 
NTAP gone @ 14 cha ching!

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To: moufassa7 who wrote (50334)4/12/2001 9:12:42 AM
From: moufassa7   of 57583
 
I don't think the bulls will muster much strength today. Earnings and economic data this morning gave futures a pop, but have now gone negative. This is typical of an exhaustion gap formation that formed yesterday. The bulls are tired and need to rest. I think the NAZ will close in the red today. IMO P.S. NAZ futures are limit down!

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To: moufassa7 who wrote (50335)4/12/2001 9:40:35 AM
From: sepku   of 57583
 
OT/>is the market closed or 1/2 day tomorrow?? tya
cheers

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To: sepku who wrote (50336)4/12/2001 9:43:48 AM
From: moufassa7   of 57583
 
Closed

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To: moufassa7 who wrote (50335)4/12/2001 9:46:21 AM
From: carepedeum2000   of 57583
 
the bulls can still get our holidility with a strong consumer confidence number, forecast is 90.9, if we get a number much stronger than that, look for holidility to rule, vrsn will be good trader in that scenario, if we get weak consumer confidence number, probably good idea to take rest of week off
i love easter

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To: Rande Is who started this subject4/12/2001 9:53:42 AM
From: duke-nukem   of 57583
 
Stocks have been showing signs of life from a t/a standpoint. A few examples:

VTSS: on the daily chart, sotchastics lines have crossed, and the last couple of candles showing closing price higher than opening price

LPTH: similar pattern

NVDA: kind of a different pattern, as it appears to be trading in an upward moving channel on the daily chart since the first of the year. Swing trading could have been useful, but a simple buy and hold would have netted a 100+% gain so far this year. AAPL has been trading in a similar fashion.

PEET: since the middle of March, the price has been slowly creeping up.

Numerous other stocks are showing signs of more than simple short covering. Large daily gains are not being entirely erased with market reversals, so each peak is moving a little higher than the previous one. Could this be the beginning stages of something sustained? I'll have to check my tea leaves. Survey says...

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To: carepedeum2000 who wrote (50338)4/12/2001 9:54:36 AM
From: moufassa7   of 57583
 
carep, I'm tightening cover stop on QQQ, consumer number can move the market.

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To: moufassa7 who wrote (50340)4/12/2001 10:06:59 AM
From: carepedeum2000   of 57583
 
i believe i'd keep my shorts, longs dont look good for today, consumer confidence number was too weak, now we may get some talk of better chance of inter meeting cut, but nobody is really buying that scenario right now, look for profits to start coming off the table
see ya next week

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