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Strategies & Market Trends : WELCOME TO THE CATHOUSE

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To: ACAN who wrote (718)7/9/2000 2:58:56 PM
From: ivan solotaroff  Read Replies (3) of 1065
 
CPWR

Allan,

This one's a classic.
Good history thus far:
siliconinvestor.com
Signal on 5/24 was good for 40+%, selling on V+1 day of 6/6. The period of a month or so that's since passed is just about right for spacing in between two post-gap lift-offs.
Mini-breakout at the end of the day, on volume, is just what you want to see, too:
siliconinvestor.com
Currently showing a bid/ask of 9 1/4 x 9 1/4, which puts it at 6% or so above the low, which is a little high for greedy folks like me, but also encouraging for risk-minimizers.
I should be all over this one on Monday, unless it gaps up or down, or something cataclysmic's shaking in the market at large.

Ivan
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