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Strategies & Market Trends : Tech Stock Options
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To: j g cordes who wrote (37446)3/25/1998 7:49:00 PM
From: The Perfect Hedge   of 58727
 
Jim~Looked at FORE on my ta software.Stochs and MACD are buys but the only thing that concerns me is the degree of a move up...It's been basing and hopefully it will move up substantialy..We'll see.....Triangles can be explosive!!!!!!!
Have you looked at CKR before?Great earnings reported a week ago but they had a convertible private placement that has driven down the stock due to arbitrage.Meanwhile the stock has had increased est but can't move up because the arbitrage(shorting,shorting and more shorting).The chart is ugly but I don't think ta will help on this one.External factors drove it down and I see it bouncing.I own Aor 35's and Jun 35's.C'mon baby!!!!!GD
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