SI
SI
discoversearch

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 : Stock Attack II - A Complete Analysis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: isopatch who wrote (8404)6/4/2001 3:35:47 PM
From: Paul Shread  Read Replies (3) of 52237
 
Iso,

TYC broke out of an inverted H&S around 54.75-56, so that should now be support. Long-term upside target of 70+. I also like the fact that it's undervalued relative to its growth rate (PE of 19, 22-27% earnings growth predictions for the next 18 months). A nice combination of chart and valuation.

BA is another nice value. I think it'll go back to 70, and I'll see how well it behaves when it gets there. ;-) UTX looks like a nice buy at 80-82 support, should hit 90+. All of this assuming that support and the market hold up.

SPLS is part of a mechanical system that also put me in DELL, TXT and NWL on Jan. 2. It's the only one of the four I'm still buying, because it's the only one of the four that's holding up fundamentally. It's a time position, so I'm in it through the end of the year. Probably has upside to 17-20. I'd be surprised if it went higher than that.

LOILY giving back today; a play on OPEC tomorrow?

That's all from here.

Best,

Paul
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext