PriceTeam

[PriceTeam]

Y2Kate: CREE and TXT. Both look like possibles based on ma's--know nothing about their fundamentals. CREE looks especially strong being above the 200, 50, and 20-day.

I'm expecting a move down into the 10-day low over the next few days. Let's give the market a chance to settle and then see if your stocks are still looking good.

Also, we are perhaps coming into a more difficult period of the market. We have major overhead resistance. Did you see my chart of the $VLE? Up 70 percent in 9 weeks and it's 350 points above the 50-day ma. It would seem a little consolidation is in order.

I'm anticipating a 20-week low in July, and that will likely provide a better entry point.

Not discouraging trading. Just want to have realistic expectations given the mess the market is recovering from. So buy when the signal is there, watch your stops, and collect profits soon and often until we get into a market that promises smooth sailing.

Ted