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Strategies & Market Trends : Three Amigos Stock Thread

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To: JoeinIowa who wrote (22953)12/18/2000 9:54:51 PM
From: Sergio H  Read Replies (1) of 29382
 
Joe, BWEB downside is to 6 7/8 (-13%) and upside is 10 (+27%).

AIRN is trading at cash in the till price. That should be the bottom. I noticed there was a little vol. on this stock in AH market and though Incognito needed a distraction so that he could ignore Smitty. Apparently ICN didn't care for AIRN.

Margin limits have been tightened up on NG futures. There should be less volume and more volatility in the next few weeks. Also, I understand that future delivery contracts are for lower prices than on the future/spot market. Look for the spread between the stock prices and the commodity to dissapear in the near future.

Tuvalu, my best two plays right now are WFD and TEK. WFD hit a new high today with strong volume. TEK coming up against resistance has a great looking chart. I also like DNEX very much. The latter is a little risky as it could turn in either direction.

Sergio

Sergio
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