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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Jorj X Mckie who wrote (20141)2/27/2000 3:42:00 PM
From: Augustus Gloop  Read Replies (1) of 63513
 
In the past few days I have found myself looking for some small call plays mainly because I am JDSU'ed and SCII'ed to the hilt. Although I really would like to buy some others like ADAP & MRVC, I can't help but feel they are a tad extended. SCII is one of those gut feeling type stocks that some of you may not agree with in terms of P&F. However if you go to the following sites; I like both the increase in institutional ownership and the short position.

INST - insidertrader.com

SHORT - viwes.com

In looking for some solid chart patterns I came across these:

MTHX, SEMI, CBEX and FBCE.

All are in catapult or triangle formations and have IMO good looking charts. I bounced these off of Jorj and he also felt, with the exception of FBCE, that they looked solid. I guess for me, the reason I find myself liking FBCE is the sector. I am of the belief that we will not be able to produce enough Fiber Optic cable in the coming years leading to some M&A activity that may not otherwise happen. Check them out and see what you think.

Gloop

P.S. SCII was not a pick that I discussed with Jorj...just one of those picks, much like LPTHA, that I have a good feeling about.
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