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Strategies & Market Trends : Multi-Day Momos -- Ignore unavailable to you. Want to Upgrade?


To: Lawrence Burg who wrote (203)7/7/1999 11:51:00 PM
From: Lawrence Burg  Respond to of 397
 
BBIOY just won't go away.
Neither will the following, but let hem go due to foregone appreciation...
HAHN
NWRE
ONDI
ROBV



To: Lawrence Burg who wrote (203)7/7/1999 11:59:00 PM
From: Lawrence Burg  Read Replies (3) | Respond to of 397
 
Do watch these fresh picks...
AMBI, a fresh push coming
AMLN, definite change in the trading. watch for it to break $1.50
ASEC, going strong. Good upside.
EPII, just starting, but wide spreads. Careful
GIII, definite turn. Good upside
LTCW, change occurred @ $4. in the middle of a fresh push. Look for $5-5.50

NAII, great potential here, from a big slide this year. More on this later....

And a past favorite, ATS...two 100K trades at the ask today....building again also, watch for 4 3/4 to fall and jump on it.



To: Lawrence Burg who wrote (203)7/8/1999 12:32:00 AM
From: Lawrence Burg  Respond to of 397
 
NAII...geez-lo-wheez...vitamin supplements...and losing money to boot...mostly garbage and sour grapes on Yahoo, though it's understandable.

Huge jump in volume hints at something, all by itself...logs
starting Wednesday last week....
Bid or below - Split - Ask or Above
Wed 9,000 - 100 - 2,700
Thurs 3,000 - 0 - 200
Fri 1,300 - 0 - 8,900
Tues 900 - 1,000 - 1,000
Wednesday 30,600 - 31,600 - 41,600

Bias to the upside. There will be people exiting all along the way on this one, happy to recover value lost during the slide. I would say a breakout happens around $4.50, but the price is already through the 50DMA, and the 200DMA is way off, around $7.50. No noteworthy short position as of 8 June.

Caution, as always, but it looks pretty decent from here. You want to see building volumes, rather than decreasing ones, as seen on previous attempts to break this out of the basement.

Excellent trend formed on the fast oscillators the last 4-5 weeks. Wow, too bad there's little volume to validate them...

If it gets to 100K volume or $4.50 in price, I'm in...



To: Lawrence Burg who wrote (203)7/8/1999 2:16:00 PM
From: Steve D.  Read Replies (1) | Respond to of 397
 
I almost sold ASAA today at 4.75, but then I really looked at the fundamentals and IMO, the stock is undervalued at 4.50. I kept it, so, hope I made the right decision. I don't know how long it will take, but I can see maybe 6-8$ a share in the not to far off future. However, I'm usually wrong. It would be nice to be right once in awhile.