Earth Shaker's Salt, Pepper and Most Precious Treasures Message Board

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Strategies & Market Trends : Earth Shaker's Salt, Pepper and Most Precious Treasures

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To: Walk Softly who wrote (30)	8/1/1998 10:01:00 PM
From: Walk Softly	Read Replies (1) of 69

Well of those listed "ready to blow" CTYA did well.... hope you traded a few shares.... The WSJ article on the small cap bear market of 1998 last Thursday has really smacked the Russel 2000 index for a few percentage points.... this is NOT helping matters.... the artcle has sent traders heading for the hills..... don't forget the WSJ is in the pocket of a few savvy traders.... you can bet the shorts made hay of this article.... the Russel is now WAY oversold on a historical basis.... this last occurred 1994 checking weekly stochastics/MACD.... After checking trend lines on a logarithmic graph, I predict the trend in the Russell will reverse here.... or shortly.... SPNSF reports eps Monday before the open.... these folks have been out beating the drum to institutions... based on management answers to my questions at the last CC I predict .09 doable... they did .06 last quarter beating expectations by 600%.... that's 700% better than last year..... considering growth and operational leverage .08 should be easy.... .07 is the consensus.. .12 is even possible... pending market conditions.... we'd get a pop to 10 given .12 keep your eyes on CAER and PLCM for BOs HAUP HLR MTMS DRI are strong buys off support here.... ES

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