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Strategies & Market Trends : CANSLIM - COAST TO COAST

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To: Bruce A. Brotnov who wrote (4227)1/28/1999 4:33:00 PM
From: Carl Worth  Read Replies (1) of 6445
 
Bruce-

Well, another day to own the big stocks and the internets, deja vu.

CHEZ pulled back to where it should have pretty good support, 5.50 area. I still expect to see volume gradually slow and expect this to be a long term hold to gradually go higher with their earnings growth.

MDMD came out with slightly better than estimated earnings and tried to rally, needs to break above today's high to show strength. YHOO shows the low for the day as 5.06 but I believe that is a mistake. Anyway, this again seems very good long term as they seem to be back on track.

PSTA bounced up against 2.50 again, it's trying. :)

I am looking at MTC to short if it can break below 46. Had order in today but it stopped right there at 46 (yesterday's low as well).

Watching INF to see if it can follow through and get past old high of 28.75. P/E is a little high (100 or so), but earnings don't matter these days anyway. :)

TFS broke out and I missed it even though I had it on my list (duh)...I think I even put it in that list I made on here a few days ago...pulling back now, support should be at 14 or so, worth watching.

Well, have to go do my real job now....lol

Carl
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