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Strategies & Market Trends : YEEHAW CANDIDATES

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To: honjohn007 who wrote (2675)7/27/2003 1:09:38 PM
From: Ken W  Read Replies (3) of 23958
 
John

CDIC exceeded my expectations on the trade, by quite a bit. I have'nt been trading CDIC, but adding on any big dip like the one down to 3.20ish. The short interest doubled during that time..(I think the shorts were assuming that the 1 million shares placed by Paulson would come right back into the market, WRONG!) If it dips back to 3.50ish again, I'll add again. CDIC is now officialy the longest I EVER held a core position of any stock over the last 7 years. Did you notice that BLTI hit 16 on Fri? CDIC is going to be the same kind of stock.

TA wise 4.50ish looks like the target over the next 30 to 60 days. Then 4 will have to be the test on the downside.

Ken
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