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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Cube who wrote (20872)8/27/1998 11:10:00 PM
From: Magnatizer  Read Replies (1) of 79237
 
Cube

I know ELY is just a short term trade but anyone wishing to go long please consider otherwise. Their new club is a joke. Their old clubs (oversized titanium, pricey) are going to be outdated soon. They still have some nice irons but they have burned golfers in the past. Like when they put out a three wood that had the loft of a four wood. then they came out with the strong three or something like that. So players who thought they bought a three wood needed to buy another club. The new steel head is a direct response to some quality clubs that have come out and taken market share. Orlimar and Adams. Both have excellent clubs. I believe orlimar is going to win the battle short term. But Taylor is coming out with a new line of low profile fairway woods also.

As you can see going long in the golf industry is best left to the Tiger Woods of the world.

ht
david
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