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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Steve Smith who wrote (6767)11/1/1997 2:50:00 PM
From: Esteban   of 79327
 
Steve, Re: "We might have to wait for Nov. 30th or until the news gets out. TRIBY looks good to me."

My experience trading large cap techs has taught me that the news is always "OUT" and usually in the market price before you personally know about it. However I'm new to micro caps, so possibly the news takes longer to digest in this arena, though I doubt it. How the stock reacts to good or bad news is often a good indicator of what is in store for it's near term future, which is why I'm concerned about TRIBY. MTON and CADE showed strength on their releases. I'm much more comfortable with them.

I'm still holding, but worried.

E
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