Message-ID: <24030495.1075845221160.JavaMail.evans@thyme> Date: Tue, 5 Jun 2001 06:07:35 -0700 (PDT) From: list@worldwidetraders.com To: dtusa@nova.sparklist.com Subject: DayTradersUSA eGoose Market Call Tuesday Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: DayTradersUSA @ENRON X-To: DayTradersUSA X-cc: X-bcc: X-Folder: \Lewis, Andrew H.\Lewis, Andrew H.\Deleted Items X-Origin: LEWIS-A X-FileName: Lewis, Andrew H..pst eGoose Market Call for members... Click below link to view today's chart: http://www.worldwidetraders.com/eGoose20010605.pdf PRSE: Precise Software Solutions was in the process of making a large double top on the daily, right at $25 resistance. The 200-day MA also provided a wall of resistance at this precise level. Huge volume on 5/21 - 5/23 was also unable to break through. It fell hard for three days before finding support at the convergence of it s50- and 100-day MAs. It rallied two days with the broader markets, and closed with a bearish piercing pattern (gapped up and closed more than 50% below the mid-point of prior day's real body). This lower high also corresponded with the declining 10- and 20-day MA and the sideways 200-period MA on the above 60-min chart. MACD Histrogram, OBV, and RSI are turning down. Consider SHORTING PRSE once it trades at 22.29. Suggested target is 19.10. Suggested stop is 22.67. To view the chart for today's selection, click: http://www.worldwidetraders.com/eGoose20010605.pdf. Make sure you review the eGoose Gap Rules on how to play suggested trades, which may be found following today's chart on the link above. For a FREE two-week trial of the eGoose Live Trading Room and Swing Advisory Letter, click: http://www.egoose.com/swing_trading.asp?assoc=yes To review prior eGoose picks for DayTradersUSA, visit: http://www.worldwidetraders.com/marketcallpublic.htm --- You are currently subscribed to dtusa as: alewis@ect.enron.com To unsubscribe send a blank email to mailto:leave-dtusa-1220700P@nova.sparklist.com