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Strategies & Market Trends : Three Amigos Stock Thread

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To: Phil Jacobson who wrote (5246)	5/26/1998 2:17:00 PM
From: James Wright	Read Replies (1) of 29382

I'm watching SIRN very, very closely. Although the volume is just now beginning to move back up to around normal, most of the volume over the last couple of trading days (including today) has been large block buys. Also, the apparel manufacturing sector is now rated by IBD around 30 or so out of nearly 200 sectors, and has been gaining consistent strength over the last six months. If it weren't for the weakness in the overall market, I'd be buying SIRN right now. The big question is whether the great fundamentals and segment strength can lift a micro cap stock like SIRN above the general decline in the broader market. At this point, I really don't know. However, if it begins to make a move up on good volume, I'll be in. -- Jim Wright

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