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Strategies & Market Trends : InvestRight - Short Term Trading St

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To: Ray Tarke who wrote (72)11/1/1998 8:53:00 AM
From: Jeffrey L. Henken  Read Replies (1) of 939
 
I'm looking over CPU again this morning. I was able to ride it up to 20 from 13 for a nice gain. The stock weakened and fell back down near 11:

fnews.yahoo.com

This issue has since recovered somewhat to 13 15/16's. I am following this one with great interest because I feel that the strong insider buying is a harbinger of better days ahead. The overall stock market is recovering, the FED is being accommodating and many people might have some profits to take this upcoming holiday season to buy a new computer from Comp USA. I think if we see another small sell off in CPU that the stock will be a great buy despite falling computer prices. What do you think Ray?

Regards, Jeff
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