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Strategies & Market Trends : Flat-Base Breakouts on Heavier than Normal Volume

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To: rakitup who wrote (12)6/7/1998 2:37:00 PM
From: virgil vancleave  Read Replies (1) of 34
 
check out summit technology (beam). nice base forming and company is just becoming profitable. it was a high flier based on hype a few years ago. i currently have no position in it but am considering.
i am also looking for some strength in the weakness of golds. alta looks promising. i think that gold and oil are near or very near a bottom, but oil stock have already had a nice runup and haven't come down. also with the wage "inflation" , gold has only one direction to go. UP. just my opinion. good luck.

ps. i will post more picks if i find any. seems that all i can find in general is good shorting candidates. but, the profits are usually quicker on the downside anyway.
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