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

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To: Doug R who wrote (21689)9/27/1998 3:16:00 PM
From: Alski  Read Replies (2) of 79197
 
RADAF:

Tends toward run-ups into earnings followed by quick sell offs; next earnings not 'till Dec. The last two (early Sep & Jun) were particularly quick and drastic. RADAF is set up for a particularly strong DEC qtr., again.
Sector has been beaten down lately by cutbacks at TOY and probably KM, as well as the market in general. RADAF particularly beaten down by large short positions but bouyed by the third 1M share repurchase plan. Expect repurchase plan to create floor @ ~12 (at least temporarily; David might have to wait awhile for mid 10's) but it won't be used to create upward pressure. (Check out strength in INPR chart. They don't seem so shy with their 10% repurchase. hint, hint)
The connection is weak, but there are at least a few SI posters that follow both RADAF and THQI. THQI has been particularly strong since 3:2 split 8/25 and recent upgrade(s) (check out that chart more hints). There's at least a chance continued strength in THQI could spill into RADAF, if the shorts will back off for a while.
IMHO,FWIW...Alski
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