W.I.N.S. BEAR TRAP HEAVEN! - REVIEW
BTGC
BTGC is [W]ithdrawing as expected! [S]ideshows are moving along just
fine! RSI continues to drop and will soon cross over and below
the 50 marker.
askresearch.com
MU
MU is [W]ithdrawing and dropping like a rock - TIMBER! [S]ideshows
PUTs are hot! Could be a kahuna! MU price will fall below $30
soon and the RSI should cross over and below 50 tomorrow. No price
support until $24 maybe! Looking real good as a bear trap! Plenty of
fat on MU and no earnings in sight!
askresearch.com
TNSI
TNSI [W]ithdrawing and picking up downward momentum - TIMBER!
[S]ideshows PUTs should start to kick in soon! Could be a kahuna!
TNSI dropped -2 1/8 to $25.50 last. Panic should start around the
$22. TNSI is leading downward with the RSI just about ready to cross
over and below 50 tomorrow. If TNSI breaks below $22 it will crumble
to $14 as the MMs hammer TNSI. The stock may be fair value at
$14.00. Looking real good as a bear trap! Plenty of fat on TNSI!.
TNSI! NASDAQ: (TNSI : $25 1/2) $312 million Market Cap at September
30, 1998 Trades at a 82% Premium PE Multiple of 32.3 X, vs. the 17.7
X average multiple at which the Communications Equipment SubIndustry
is priced.
askresearch.com
QWST
QWST is [W]ithdrawing and killer downward momentum - TIMBER!
[S]ideshows PUTs are hot! A real kahuna! QWST dropped today -3 5/16s
to $31 5/16s last. The panic selling has started. QWST RSI broke
below 50 already. QWST below $22 price support will most likely
crumble to $14 as the MMs hammer QWST. Looking real good as a bear
trap! TIMBER!
askresearch.com
W.I.N.S. EARLY BEAR TRAP ALERTS!
The bear traps (shorting stocks) continues to be easier than CCing!
If you are long on any stocks you should have your eyes glued to the
BB and RSI chart for those stocks. Three months out at or in the
money CCs should be appropriate for [W] and [N] situations. Now for
the goodies list! Fresh $$$$$ meat for the bears out there!
PAYX
PAYX [I]ncreasing in price and is extremely overvalued! We will have
to track and trap PAYX! Caution! This bear has sharp teeth like
TNSI! Looking real good as a bear trap down the road when PAYX
peters out! I have owned PAYX in the past and made money with it!
PAYX trades right now at a 89% premium P/E of 64.5 vs. 34.2 avg. P/E
for the industry. PAYX growth rate is 27.06% and just finished the
third 3-2 split (May 22, 1998) for the third year in a row. More
splits, more shares and more liquidity eventually you start to
decrease the float turnover and the price increases slow down. It
does not take a genius to see the writing on the wall for a high
probability of profit taking. Perhaps, from $58 down to $38.
PAYX normally does pay a dividend in late October of .09 cents. You
experience investors will know the term "dividend stripping" where
the stock is purchase a few weeks before the ex-div date and dumped
right after the payout. Thus, you are able to increase your rate of
return as an investment. So, put yourself in the funds manager's
position. You paid $25 for the stock early this year, received an
extra 1/3 shares in the split and PAYX is making new 52-week highs
and you know people are going to buy into PAYX for the dividend
payout! So, PAYX may reach $58.00.
NASDAQ: (PAYX : $51 9/16) $8,399 million Market Cap at September 30,
1998 Trades at a 89% Premium PE Multiple of 64.5 X, vs. the 34.2 X
average multiple at which the Business Services SubIndustry is
priced.
askresearch.com
Now, add to PAYX recent increase in insider selling
biz.yahoo.com and an increase in PAYX short
interest (below) you see it is time for rock n rock bear traps!
Should be an easy kill if we stalk PAYX correctly!
shorted avg. volume days worth of short squeeze!
08/98 1,559,921 512,698 3.04 <======
07/98 1,354,136 796,792 1.70
06/98 1,261,063 550,249 2.29 Split 3-2
05/98 1,167,387 558,726 2.09
04/98 1,115,583 841,440 1.33
03/98 1,310,528 826,359 1.59
SGY
SGY is quickly [I]ncreasing in price and somewhat overvalued! SGY
trades right now at a 28% premium P/E of 49 vs. 38 avg. P/E for the
oil industry. SGY growth rate is 30% is moving too fast for a PE of
49. What caught my attention was the overhead resistance starting at
the $36.00 - $40.00 price level. This is the second attempt to match
the recent 52-week high of $40.25 set in April 1998 when the upper BB
was tagged and confirmed by a reading of 70 RSI. If you follow our
W.I.N.S. you know that is a signal for an over brought condition and
time to reverse. What caught my eyes was SGY has a good three years
worth of trading patterns that accurately repeat like clock work!
Each time the RSI reaches 70 and a upper tag of the BB is met the
stock starts to rollover. Folks SGY RSI just reached 70 today and it
just about tagged the upper BB today! There is a high probability
that SGY will soon peter out and reverse! From say $34 down to $20!
Not much more RSI to squeeze out of SGY!
NYSE: (SGY : $31 3/8) $472 million Market Cap at September 30, 1998
Trades at a 29% Premium PE Multiple of 49.0 X, vs. the 38.0 X average
multiple at which the Independent Oils SubIndustry is priced
askresearch.com
Some SGY recent insider selling biz.yahoo.com
has been reported.
Wishing you all the best of "good buys and W.I.N.S!" |
