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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (10407)11/22/1998 12:36:00 PM
From: Sal D  Read Replies (1) of 29382
 
Sergio, I'm not familiar with DeMark, it also looks like DHI has formed a inverse H&S (end of August to present) and is right at the neckline waiting to breakout or retreat. Interesting to note that the target using the H&S method is the same as your DeMark target, both of witch go through DHIs all time high. I don't know all seems to simple, will be watching DHIs volume on breakout (if there is one) as always with TA need volume. I also see DHI is on Value Lines list of bargain basement stocks.

Yes SHOO & CAND do have similar FA ratios but SHOOs sell off on Friday was light compared to CANDs.
CANDS 3erd Q and end of year results will fall below estimates and SHOO earlier this month announced record 3erd Q and 9 month operating results and will most likely meet or exceed 4th Q expectations.
CAND has no web presence.
I'll have to stick with SHOO besides my daughter tells me Candies is out of favor with the younger crowd, although she also said they (CAND) usually have a good spring line.

GNLB as far as FA, well they aren't loosing as much money as they use to. You know how these small biotechs are (you never know). I'm going to watch the TA on this one and see what happens.
Joe

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