Sharck Soup Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Sharck Soup

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Devin123 who wrote (25529)	5/31/2001 3:04:46 AM
From: Devin123	Read Replies (1) of 37746

Sharck, you asked me to give a report on retail. I follow mainly apparel, but this is what I see from my list (be careful, some are very thinly traded.) SKX looks very weak and will most likely fill gap to 30, with a stop at 32.5 along the way. TBL continued weakness and its failure to surpass 50 means it will likely return to 40. GPS will most likely fill gap to 29, but I don't see much lower from there, barring news. AEOS with a good sell signal and should see lower 30's NKE a strong sell signal and any strength should be shorted with a cover target of 38.5. ANN just gave a sell signal today and should return to 35 WTSLA very trendy and cultish so doesn't look to fall very fast but stochastics show it overbought and should return to 30 TOM I wouldn't short ANF giving a sell signal today and should return to the 30-35 range RL could go either way... I would pick something else IBI accumulating don't see much price action there yet URBN very toppy, but no sell signal yet COH also verrrrry toppy and is definitely one to keep on radar screen for shorting... I would consider anything above 36 a good short entry HOTT gave a very strong sell signal 3 days ago with a high vol. downside breakout... also one to short on any strength like today... but I scalped my short today for a miniature profit. All in all, these are slow movers until they have some bad news and then all of a sudden they collapse. Upside potential is small for those I mentioned, but any may pull off an earnings surprise (which always surprises me since they all had to reduce prices to rid inventory.) AEOS is one of my favorite stocks to watch because it always has intraday swings for volatility scalps. Somebody mentioned GOTO earlier today as a short... I agree!!! and that will probably be one that I hit tomorrow. See you in the room. ;) finance.yahoo.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next