SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : CANSLIM - COAST TO COAST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rita who wrote (4580)4/13/1999 12:39:00 PM
From: Bruce A. Brotnov  Read Replies (1) of 6445
 
Rita, SWS is like NDB and on a tear way above its upper trading band, so I don't know how long it can stay up at these lofty heights as brokerage stocks are starting to look like internet stocks the last few days. SWS has good strong earnings (better than NITE)with .60 forecast for June quarter. If you own and have a double I'd take 1/2 off the table just like I have done for NDB in my model today (also took 1/2 of AMEN as it doubled). NDB hit a triple today so I was overdue, but I also had cut 1/2 when it was only up 50%.
I'm not buying at these heights. I'm afraid I'm not much help on these momentum plays - anything can happen (up or down).

Bruce

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext