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Strategies & Market Trends : Multi-Day Momos

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To: Lawrence Burg who wrote (88)4/29/1999 3:51:00 AM
From: Lawrence Burg  Read Replies (1) of 397
 
ADRN...shoulda kept this on recall. Great name. Remember mucho following on TMex thread a while back. News must be pending. Great trend. Healthy underlying behavior. Cool volume cups. Pass on chasing it. Check the fundies. I ya like it, wait for a pullback, or short any pop for a day or two.

ADVNB. Same thing. Late to the party. Watch the 200 @ 10 1/2. Wait for a pullback to $9. If it does bust thru, wait for a retest of the 200 as a support.

ATS...just shakin' my head...FM...going on 3 weeks, w/o a red day...and the ADs are actually correcting. Need an Asia man on this one. Hang Seng was down big a while ago, maybe that'll knock it back down for a reentry...

BAANF...check out that 5-day...weird...looks like it met the 50. $12'll getcha $18, maybe...pass

BMC also came up on a NYSE search the 19th...guess I shoulda stuck w/it. If we ever get ahead of this damn thing, I would almost suggest buying everything that comes up for at least a 10 day hold to let some gainer limit sells trip on whatever is happening...it even retested the 200 for me as a sign...missed another one...not gonna cahse it...looks like a good story stock.

BVRTF...got noticed once again. $4 is a safe level to buy with a month window, just looking at some rough trends. It may over-react, so you might try bottom fishing at 3 1/2 or so...this one's a keeper...or still a keeper, as I lost it off my recall list from 2 months ago.

c-z to follow, I hope...
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