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Strategies & Market Trends : CLX:A winner which is a MUST in every BLEACHING portfolio!
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To: Scott Heaton who wrote (9)8/18/1999 5:32:00 AM
From: R. Bond   of 17
 
Scott,

I rarely short these days and when I do, it is very short term, usually intraday.

SOC: Actually I was long just above 7, but bailed when the stock looked weak. Good thing, too. It may still be weak. If you look at the chart you will see that it showed a little jump a few sessions back when earnings came out, but slipped back. However, there was heavy volume. Interesting. Was it just selling into news or does it indicate a turnaround? I'm waiting for confirmation. If it bounces up from the 13-day EMA (where it is resting tonight), I may get in. Some tech indicators are looking good to me here. Clearly, SOC would be a long term investment. They ARE turning it around.

Enough of this. It's the CLX thread! I'm looking for a rise during the first half hour today.

Best of luck to you,
Bond
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