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Strategies & Market Trends : The picks

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To: Dorothy Simpson who wrote (2899)1/24/1997 11:02:00 PM
From: Sidney Reilly   of 6124
 
Hi Dorothy,
If you see a pattern then it would be a good idea for people to listen and try it. Today would have been a good day to get in. Fridays don't seem to be big gain days. It seems like I remember SYCR has always taken a little breather on Friday when it's on a climb. But by next Friday it will be over 4 and probobly well on it's way to 5. If I was a buyer I would go for it Monday as I think this climb will continue. It hasn't gone up enough to level off yet. Last year it did not stop until nearly 7 and then settled at 6.87 for a while. And that was with no product shipped yet. Now they have lots of products on the shelves and positive earnings on the way.
I saw this morning around 10:00 or 10:30 a trade at 3.25 when the ask was 3.00!! That must have made the buyer wish he/she put the order in at market. I don't see why a limit order is used so much when market orders gets better results. You either catch it before it gets away from you or get a better price with a market order! I better go read the SYCR thread, I saw around 80 posts today. Don't know if I will get through it! Bob
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