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Strategies & Market Trends : The Rational Analyst

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To: HeyRainier who wrote (639)4/15/1998 2:52:00 PM
From: ftth  Read Replies (2) of 1720
 
Trading, well let's see....we want volatility.....SCMM always comes to mind. It's been going sideways for a long time (5 days) in a tight range (6 points). Once it picks a direction, it will move fast and furious. ISSX also.
SAPE looks like it may be a good 2-3 day short. Possibly AHLS also, but it needs to show a little more confirmed near-term weakness. SYNT changed directions intraday today so I covered. If only I'd have reversed positions to long right after I covered

Chip equipment stocks may have a bit of upside left as short term trades: ETEC, CYMI, ASMLF, DPMI.

If you're real adventurous, BRCM starts trading tomorrow I think (even if you're not, it will probably be an exciting one to watch for the first week or so). Also, anything that has had the word "internet" in a recent press release is good for a few hype points. Also, just for kicks, check out RBOT. Interesting product just received FDA approval.

dh
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