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Strategies & Market Trends : Multi-Day Momos

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To: Lawrence Burg who wrote (353)3/10/2000 7:42:00 AM
From: Lawrence Burg  Read Replies (1) of 397
 
RACE still looks good mid-long term. Definitely a breakout. What bothers me is the undirected trading. There should be strong support @ 5.5, 5, & 4.5, as previous breakouts, but not sure if I wanna wait while they're tested. There're so many conflicting signals, especially the volume that's been traded over $6, w/virtually no chance for exits at that level.

From last night's scan, and the previous few nights these look the best AFFI, AMMB, ASPC, AWWC, BNO, CSRE, CYCH, CYTR, HMTT, HSKA, NOGAF, RACE, RDOC, SGII, SOMN, SYBR, WWES.

OK, just kidding on the WWES...:O) that's more of a gut call. We'll see today. I gotta eat crow and admit, that after bailing on SYBR at $3 a few weeks ago, it looks better than when I got in 4 weeks ago. Still not sure what's driving it.

Oh yeah, AKLM had some decent news out late last night hinting at potential w/Microsoft's new gaming hardware. Potential on AKLM is still there, past the recent break out.
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