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Strategies & Market Trends : WR's Momentum Trades

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To: BarbaraT who wrote (6227)2/18/1999 10:00:00 PM
From: hoffy  Read Replies (1) of 11130
 
I agree Barbara. ALFN is a monster and will be over 4 real quick. Rumors of a deal with a major chain store might come true on Monday. That would send this through the roof. Most people were just expecting the internet site opening in a week or two to send this soaring, but a deal with someone like Walmart would put this into orbit. If that happens then 10 is a realistic goal.
This should gap up tomorrow and then run to a higher close just like the last few days. Trying to get in on a dip is dangerous because it never seems to dip very far or for very long. It's just too strong.
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