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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 (2100)2/1/1998 1:33:00 AM
From: Doug R  Read Replies (2) of 2377
 
Sergio,

I must commend you on your continued effort to dig into the fundamentals of a wide range of stocks. I hope to keep up with you in my efforts to do the same on the technical side.

BTW, The SWAT pick GTAX has put up all new short-term technical breakouts at incredibly high levels. The IL is at 13 for Monday and the TA indicates that there is a good probability that the price may blow right through the IL. If not, $12 is a reasonable expectation. The SEC has prohibited any new short positions on the stock so that removes a source of selling pressure. A minor short-squeeze may be the cause of the above mentioned breakouts.

Doug R
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