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Politics : Ask Michael Burke

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To: James R. Barrett who wrote (531)	8/18/1996 11:33:00 AM
From: Andy Chen	of 132070

here is my psycho meat packer's slaughter list: USRX -- bad. bad. bad. the stock tried to form a W bottom at the 52-53 level but failed. bounced off the 20 day MA. all moving averages projecting downard to a price target of 25-30/share. stock pierced through 120dma and 200dma 1-2 weeks ago. 20dma just crossed the 200 dma today. a lot of overhead supply in the 52-53 level. get your chainsaws ready. SHVA -- little lamb with fat stomache. the stock hit my previous price target of 40-41. put premiums have been high during this nose dive. but, are we even close to finished? nah. wait a bit. get your blades ready and buy puts on strength. ASND -- mad cow's disease. stock price is way inflated. stock gone mad in a zig zag fashion in the 50-70 level. CSCO's earning revealed the weakness among networkers. ASND, no exception. get ready to slaughter this mighty cow. downtrend target 30-35/share. wait for a little bit confirmation because moving averages are all tangled up. if you don't give a rat about dma's, buy puts on any strength. time for some BBQ. SYSF, PAIR, CSCC: rigged. but waiting for the animals to run out of breath.

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