Forum Archive Index - December 1999

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[sharechat] Seafresh

From:	Derek <dariusz@ihug.co.nz>
Date:	Sun, 19 Dec 1999 23:18:08 +1300

Volumes are almost nothing, low public interest in company make share
hard to sell.
Company not supplying to shareholders newsletters and annual rapport.
To dark around.
Maybe short gain on small volume, but very long term investment on
bigger

Tech Stock in USA:
The Nasdaq has now exceeded 70% gains for the year and ranks as
the largest gain ever. Previous high years were 1991 +56.84%,
1995 +30.9% and 1998 +39.6%. Tech valuations are now the highest
since 1983 and are likely to adjust in January.

Last US Market Close - Friday, 17 December, 1999

Broad Market       Bearish/Bullish  Last    Posture/Since  Alert
===============================================

DOW Industrials   10,800  11,320  11,257    Neutral  11.12
SPX S&P 500        1,340   1,400   1,421    BULLISH  12.03
OEX S&P 100          700     750     774    BULLISH  12.03
RUT Russell 2000     430     450     466    BULLISH  11.12
NDX NASD 100       2,850   3,150   3,360    BULLISH  12.03
MSH High Tech      1,450   1,630   1,723    BULLISH  12.03

XCI Hardware       1,160   1,210   1,319    BULLISH  11.11
CWX Software       1,100   1,200   1,289    BULLISH   9.03
SOX Semiconductor    580     660     639    Neutral  12.10
NWX Networking       750     800     849    BULLISH  12.03
INX Internet         600     675     746    BULLISH  12.07

BIX Banking          645     690     547    BEARISH  11.30
XBD Brokerage        410     450     420    Neutral  11.30
IUX Insurance        625     650     582    BEARISH  11.30

RLX Retail           900     935     972    BULLISH  11.23
DRG Drug             380     400     347    BEARISH  12.07
HCX Healthcare       760     790     689    BEARISH  12.07
XAL Airline          180     190     150    BEARISH   5.21
OIX Oil & Gas        290     315     298    Neutral  11.23

Have a good trading day
Regards Derek


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