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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Ken W who wrote (2452)6/30/2003 8:58:18 PM
From: Sergio H  Read Replies (3) of 23958
 
Ken, ok. Let me know if I pass the test. Here's my technical readings on the stocks you mentioned:

MTON is in a classic pattern for quick trades. It has been moving within the same trading range for months. Triple bottom at 5 makes it safe, but recent H & S pattern means a quick bail is called for if it doesn't bounce off 5.

CDIC still has work to do to break out of the downtrend established in 1999. From time to time some great trading opportunities come up while we wait. So, since you like the quick trades, cdic's MAs are converged and it's ripe for a bounce off the bottom Bollinger:
siliconinvestor.com

DFIB is also working through long term resistance. It's challenging the downtrend established in mid 2001. I like it now for a trade as its price is also on the bottom Bollinger.

Only sure thing about CLGY is that they will have news that will strongly impact the stock, one way or the other, in the next few days. Is there a little gap in the 4 1/2 area, and will you be ready to pounce on some shares at that price?

EXAC has a crazy chart. I think we did very well with this stock and its not yet time to revisit.

ESST moved nicely near the close. Thanks for joining me. I can't believe I got a better price than you. This could be a first! I'm aiming for double digit territory or earnings report, which ever comes first.

SORC should hit 8 for you on this round trip.

How did you like the Element?
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