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Non-Tech : Extended Stay America (ESA)

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To: Lynne Good who wrote (118)1/28/1998 10:31:00 PM
From: Stephen M. DeMoss  Read Replies (1) of 133
 
Ill go check it out! I liked the 'action' today. I read an article over the weekend on volume and price action of stocks. Basically the past 2 days would be a sign to buy. Above average volume, moving upward or staying the same signifys a move to the upside is coming. I did buy at 111/4 10 days ago which I am happy about. We closed at 121/16 and had twice yesterdays volume. Id like to close tommarow up at least to 123/8 and would feel very good around 125/8. We are still in a very oversold position. I dont see much resistance before 15. Feeling better, Steve D.
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