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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Sergio H who wrote (556)11/17/2002 3:08:00 AM
From: Ken W  Read Replies (1) of 23958
 
Sergio

CDIC does look good for sure.

Just got in from the movies. Went and saw "8 mile" since I'm about fed up with kiddie movies all summer and now "Harry Potter". Hey old guys can like rap too!! <GGGG> A little coarse for younger people, but well done and explains why the guy has and attitude.

Noticed your comments on the DFIB board, but got the impression Barrons is talking about implantable defib's rather than AED's.

Also noticed your gap reference at 1.50...there is one at 1.75 too, but I don't think either one will get filled.

siliconinvestor.com

The reason I say that is that the stock is getting extremely oversold and there is a larger gap at 2.25 to fill than the little bitty ones at 1.75 and 1.50. Volume on the break over 2.00 was strong enough that this break under 1.90 is unwarranted, unless there is some bad news on the verge. I doubt that also as the downside volume has not been such that something bad has leaked. Sooooooooo, with all of that wind I'm shooting for the overhead gap to fill first. If not, then I'll add at 1.75 and 1.50 to average in then average back out again. Right now I'm at 2.08, 1.98 and 1.85. Like your CLGY, I've had pretty good luck playing this way for a while now, rather than taking loses on first positions.

Ken
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