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Strategies & Market Trends : Turning $10,000 Into $100,000 By Year's End.

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To: PitBull who wrote (866)1/21/1998 6:45:00 PM
From: UC Slug  Read Replies (2) of 878
 
Hi,

I think you will do well. The stock still has some strenght above 12, but as volume dries up it will fall. If we have spikes up in price I would re-short. Be careful with the spikes because the can be tricky.

Watchlist:

KLAC was down today. The company meet earnings expectations and should head back up. I expect a 1-2 point gap higher tomorrow, then a re-test of lows around 36. This is where I am looking to buy.

SYBS- came out with some bad news after the close. Improper bookkeeping will force a restatement of earning fro 3 quarters last year. The stock is currently depressed and ig going to fall hard. Watch for the price to fall near $5. If it holds that support, I buy for a run to 6-6 1/2. Only if it falls that low would I consider it.

Good Luck,

Jim
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