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JB,
My 2 cents for what they are worth, probably not much <G>. PAIR is at
a good bottom fishing point with a stop at 14 3/4. SCH is a great stock, I
love it and I own it, but I don't think this is a good entry point. It's
right at the top of both a short and intermediate term channel. I've sold
covered calls against my position, but will cover them on a drop back to
mid channel or a breakout on heavy volume. RSYS is at a good entry point
bouncing off the bottom of a short term up trend channel.
Jim
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> From: jeff f brady <surfingrincon@xxxxxxxx>
> To: metastock-list@xxxxxxxxxxxxx
> Subject: TO THE LIST, SCH, RSYS,PAIR
> Date: Wednesday, July 23, 1997 12:46 AM
>
> trying to find a decnet long investement/speculation. RSYS looks to me
> like its ready to head to around 50, a upper channel barrier? However
> there are no options traded on this security.
>
> PAIR, would look better to me if it were above it's 50 day MOV, but the
> weekly MACD looks like it's about ready for an upside buy signal, kind of
> like how APM was a couple weeks ago.
>
> SCH is showing some promise but I belive some of you are selling calls
> against this price, are you covering with todays move ? Is this a
> breakout to the upside?
>
> Any way, can't seem to pull the trigger on anything I have been looking
> at, I thought the recent pull back in some of the high flyers( DELL,
> CPQ, AMAT,COMS,INTC) would be a good buying opp. right now ...but I am
> not seeing their price move verified by the OBV (on balance volume).
>
> Happy trades...
>
> JB.
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