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Strategies & Market Trends : YEEHAW CANDIDATES

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To: JoeinIowa who wrote (5144)4/25/2004 11:16:23 PM
From: Ken W  Read Replies (1) of 23958
 
Joe

We only have four A's out of all the stocks...maybe we do need to expand our horizons a bit though and get into like the J's or something.

You're correct on AGDO, needs to break that 1.70 real back, but, as usual I have to rain on the parade a little. Using your chart the indicators are showing a very near overbought spot. It may test and even exceed the 1.70 a little, but then fall back to 1.50ish for the next try. Course I was so far off on VASC at 10 tis embarassing, but I guess ya can't be right all the time. MEM did what I expected.....And now for second trading (while holding the cores) stock...

AAC fell below the 50dMA for one day, bouncing right back over the next day creating a false break of the average. All indicators on the dailies have turned up from grossly oversold...and earnings are 2 to 3 weeks away. The company has already said they would exceed all of 03 rev's in the firt Q of 04....In watching the iTrustee site I feel that they well exceed even that number as they have closed well of 4mm in property since they launched it. Now, the trick is to make some profit from all those sales! TA wise the stock could very well test the heavy resistance of 1.05 just before earnings.

Ken
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