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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Robert Graham who wrote (7402)3/27/1998 12:58:00 PM
From: Judy  Read Replies (2) of 42787
 
Bob, quite a response ... so what's the bottom line? Just kidding.

ADBE, I exited yesterday when the blocks came rushing in ...

Message 3850264

Had earnings and forward guidance been positive, the fundies would be tripping over themselves buying ADBE on program buys and pushing it to new highs. Such was not the case.

Today is not the time to initiate a position trade in ADBE, let the fundies who got caught at the top figure out their game plan first. Stock must stay above 43-44 to remain bullish ... the fundies may find better opportunities for their money in the near-term when other companies report.

Would be interesting to see what Chris' weekly signals say now.
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