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Non-Tech : Calgon Carbon (CCC), L.T./S.T. "PSYCLE sm" base ?

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To: Wade who wrote (5)9/17/1998 4:36:00 PM
From: Jim Goodman   of 14
 
thanks, yes, but very S.T. only on CCC....I did add a bunch of EVB's to my long buy list the week of 9/1, but some of them may still become double-bottoms, and I am unsure whether the V.S.T. bottoms on stocks like CCC will do more than have a cursory bounce....confined by 9-10. on CCC, its previously-broken-down-from level, as I teach, right ? wish I could be more definitive, but, if you learn my "PSYCLE sm" and patterns, I generally prefer that a whole Ind. Group sets up at once, and I see longer bases, or bigger declines leading to better EVB's ....gosh, sorry if this does not help....but, sure, CCC is going to survive, and a decent co., so, with a close stop, near recent low only, S.T. only, why not....but not for a home run, if you get my drift....we did better with Puts from July, then long some of the Golds, Oil Services, and some Techs, recently....certainly not easy here, which is fine, too....keep in touch,
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