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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE

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To: Sergio H who wrote (1343)1/5/1998 11:35:00 PM
From: Sal D  Read Replies (1) of 2377
 
Sergio,
CMDL - From my TA point of view CMDL seems to be on the edge. The next couple of days could tell the story on this one, everything is looking like its ready to turn upwards. Unfortunatly I really dont know if its going to, this could be the bottom. If I had to quess the bottom I would say 8 7/8, where pretty close to that now, and if it gos under that it could be look out below, but if gos up from here on some good volume it could be a nice little ride. Most encouraging is candelsticks, a big white candle occured, generally bullish(if it appears when prices are low it maybe a sign of a bottom) also a engulfing bullish line occured this is bullish during a downtrend(which it appears CMDL is in right now) it could signifie the momentum shifting from down to up.
This could be the bottom watch that price and volume and enter at your on risk.

How about the hit MVSI took today on bad year end results, I still think thy are sound company and will have a good year, it may be worth it to take a look at them again.

LOL on your idea to short VVID over 16 1/2.

Dont have time right now for DGTC on the road tommorro I will get to it as soon as I can.
Joe
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