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Strategies & Market Trends : SPARKY'S CORNER

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To: Judy Muldawer who wrote (3625)9/12/1998 6:19:00 PM
From: Sparky Beardslee  Read Replies (1) of 4142
 
Judy: thanks for your humor from time to time. It is refreshing to take a break from all the volitility. I did finally purchase some CHIR the other day at $15 3/4. If my source is correct, this co. will move from number 2 to number one very quickly. And I would like to go for the ride. I will buy a few shares every week until the news is announced. I am afraid to go short here with Henry and others as it is a sure sign of higher lows when investors short into rallies. I am still long REL, NRVH and CHIR. NRVH seems to be sitting on support going back over a year. Stochastics are very over sold, and we are now getting upgrades due to price. I see a snap back recovery to the $25-$26 area next week or so. REL is a very attractive stock here at $13. I plan on buying more in the weeks ahead.

Sparky
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