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Strategies & Market Trends : gary smith shorts and longs

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To: Fortinwit who wrote (290)	1/19/1999 11:13:00 PM
From: drsvelte	Read Replies (3) of 430

Fort & thread: ARDT - ouch!! Bought at 26 3/4 and 25 1/4. Hit a new intraday high at 28 and then headed very much South. Earnings were reported $.27 vs. .23 estimates, so I assume this was "sell on the news." ARDT recovered after hitting 24. DBD - as Fort indicates, a great congestion breakout. DBD reported today and showed about a 6% positive surprise ($.50 vs .47). Will it continue to run? [78, C, B] Three that look appealing to me: BVSN - breakout of one month congestion on volume [98, A, B]. Volatile. RCGI - strong break above 31 to new 52 week high. [83, A, A] NDC - breakthrough to new 52 week high on 2X vloume [87, A, A] What's everybody think??

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