PXLW scheint fest in den Händen der Zocker zu sein - Fundamentals spielen da nicht d i e Rolle...
Hier eine Meinung zu PXLW:
"Monday, August 27, 2001
ALL QUIET ON THE WALL STREET FRONT
By Harry Boxer, The Technical Trader
Monday’s session started out with an early move up which then went into a
sell-off that hit support and then held. The next several hours were spent
in a sideways consolidation pattern. Just before lunch we started a rally
which took us into the final hour, and at that point with the Nasdaq 100
getting up to 1600 and nearly 1187 on the S&P 500, right at resistance
levels, the market backed off and came down to close near support .
Net-net on the day everything was down in terms of the major indexes, but
only slightly. The Nasdaq 100 was only down 1.29 and the S&P 500 off about
1/2 of a percent, about 5.72. The Dow was down 4/10 of a percent, 41
points.
It wasn’t that bad a day. The advance-declines were very similar on both
New York and Nasdaq, 13-17. Up/down volume was negative on both but just
slightly, 4-3 on New York and 6-5 on Nasdaq, but I considered it to be
somewhat of positive day.
I had a good day trading because most of the stocks I follow were up in the
morning, and I sold them into strength before the 3 o’clock hour when they
peaked for the day.
At the close, there were a lot of stocks on my board that were still up on
the day even with the sell-off, but very few stocks did anything more than
just a point either up or down because it was a narrow day on low volume.
It’s the last week of August, a lot of traders are on vacation and have
withdrawn from the market at least temporarily, and it showed. Only about
815 million shares traded on New York and about 1.15 billion Nasdaq, which
is below average.
At the end of the day, the current minor up trend is still intact. The
bottoming pattern we saw on the Nasdaq 100 was completed , then consolidated
and then broke out and returned back to the consolidation point. So we’ll
have to see what the next day or two brings, but it looks promising. We may
still do some further testing, but I’m looking for higher prices. A lot of
individual chart patterns looked pretty good towards the last hour before
they gave back a chunk of it.
Individually, stocks that stood out today were Checkpoint up 91 cents,
Digital Lightwave up 88 cents, Mercury Interactive up 76 cents, Verisign up
68 cents and Siebel up 51 cents. So you can see there were not a lot of big
gainers today and not a lot of big losers.
On my closely watched universe of stocks, only Qualcomm was down more than a
point at 1.14, and a new one that I traded today, Pixelworks, got hit for 2
points on big volume. However, that may be a selling climax there. That
stock has gone from 35 to 15 and change, and I think it’s a value down here.
Good trading!
Harry"
Gruß Dr. Broemme
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