Hey Pretty Boy,
How bout these recs from Ca Deals
> two stocks that seemed to be approaching a breakout were >reviewed: COMS and XYLN.
XYLN hit 14 1/2 today thats a bigger drop % wise then ASND over the same time period. I don't think its time to pat ourselves on the ass right now..... Right ....P. BOY?
>Of the two stocks reviewed, XYLN looked the better. Indeed, this is >still the case, with XYLN making a move of 1 3/4 today (8.5%.). On >the surface it looks good, doesn't it? Stock is up, CALIFORNIA >DEALS is making money on call options, the new Ferrari is within >grasp...or is it really that good? Don't be fooled. Indeed the close at >around $22.5 takes us within grasp of a breakout. But wait...notice >how the stock actually had a high of 23 3/8 today? It subsequently >fell by 3/4 from the high by the close. Does this mean, sell? >Well...Because I have XYLN at an average of 19 1/2 and am long, >I'm keeping it.
Win some loose some right Pretty Boy. Oh, I bet you bought puts but forgot to tell us Right?........P. BOY
> However, CALIFORNIA DEALS is raising the yellow flag on any >further buying of the networkers today, including XYLN. The run-up >in the last few weeks has been impressive. Maybe just a little bit too >impressive. I feel it's time to take a breather. In the short run, this >could hurt XYLN, but in the long run, the company looks to have >WINNER written all over it.
Does breather mean hold your positions or buy puts ,...... P. BOY?
>...if you hold XYLN at low prices, you're holding what appears to be a >strong company. If I were trading it, I'd say be very careful...this one >could go either way by 15% simply due to volatility in the sector.
Looks like it went more like over 33%, nice call..... P. BOY
>I'm looking for the networkers to give back some, but NOT ALL of >their gains, and ASND in particular to go to about $46. Because I like >the company, I would become very depressed to talk about what >would happen if we went below $46...so I'll wait.
Looks like that was a pretty poor prediction,........ should have been a little more conservative like............. " looks like they will retest their lows of April" .....P. BOY
>In summary:
>Networkers have had a nice run-up. Of them, XYLN looks to be one >of the strongest in the group. However, one of my top ten rules of >"problems." Indeed, long term, the networking sector is undervalued >relative to it's growth rate. But for those who like to maximize their >gains, CALIFORNIA DEALS is not buying at this time and would pair >down for a few weeks.
MUMBO JUMBO...Called trying to cover its ass. right? ......P. BOY
Tom Hays
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