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Technology Stocks : USRX

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To: David Lawrence who wrote (15926)3/20/1997 12:35:00 AM
From: Jeffery E. Forrest   of 18024
 
Have you seen the Candles for ALL the networkers!
BIG JUICY HAMMERS.
ASND, COMS, USRX, FORE all have Classic HAMMER patterns.

If it works as usual I think a good trade can be had from here to where it tests the 20DayXMA.

It SHOULD then test and retreat to Near or AT todays levels before it sustains an upward move.

First interesting Candles in a LONGGGGG time.
Obviously some gamble involved and a more conservative move would be to wait for a retest of today then wait for it to break the 20DayXMA, but I'm looking for a trade tomorrow.
FORE looks GREAT. Assend too.

I dunno if I can bring myself to buy BEFORE COMS and ASND earnings are released, BUT...........

Check out the charts. Lemme know what yer seeing.
I did nibble a bit of ASND, CSCO and FORE today. 350 shares of each.(500 total now for FORE)

Hmmmm. I wonder how cheap the MARCH Calls are.......???? <VBG>
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