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Strategies & Market Trends : Three Amigos Stock Thread

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To: honjohn007 who wrote (24404)3/31/2001 8:38:55 PM
From: Ken W  Read Replies (2) of 29382
 
John

Great day out huh?

NEWP: Like most of the tech. fiber optics in particular, I'd avoid the stock. TA wise, there looks to be no support at this point and it is traveling under its 10dMA...There may be some trading ops. on the way further down, but unless you are really nimble, you'll miss them.

207.61.23.99

Did you see on Mar. 7, Walburg halved their 120 price target to 60..the stock was at 47 then, now 29...the trend is down, unless you plan to hold for quite a while....naw.

Take a look at MPS as a value as well as a TA play. We'll discuss it further later as I'm in the middle of a bid on an circa 1870's lamp on eBay.

Ken
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