The Thread Formerly Known as No Rest For The Wicked Message Board

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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Tim Luke who wrote (54380)	8/20/1999 10:35:00 AM
From: Rich Scharf	Read Replies (2) of 90042

My pick is PRMS (a turtle) Reasons being: 1. I like the sector 2. Small downside (-3/4), big upside (+4) 3. Chart looks good. clearstation.com a) Approaching break thru 50 dma b) MACD red line above the blue, ready to pass thru 0 c) MACD Histogram in uptrend d) Bullish turn in stochiastics. 4. Institutions appear to be buying: thomsoninvest.net (type in PRMS) -chart has looked like this the past 2 days 5. Noticed gradual upturn following this article redherring.com - in spite of the fact that not much good is said in the article, it did seem to be a turning point. Assume somebody heard something they like. 6. NOT expecting a buy-out. looking for 8.5 in 2 weeks, FWIW, Rich Do your DD.

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