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Strategies & Market Trends : Fatty's Donut Shop -- Ignore unavailable to you. Want to Upgrade?


To: gladman who wrote (2208)7/12/1999 11:39:00 AM
From: gladman  Respond to of 5041
 
NITE update....

As predicted NITE was a gapper, but I still haven't identified an entry. Momentum appears to be shifting downward for NITE as it hasn't found solid support all morning.

Locked up shares are unlocked tomorrow on the 13th(bad luck)and this has created an unfortunate uncertainty for investors, the Herd is moving out and i'm not moving in until they return.

Wednesday is my target for next possible entry, possibly late tomorrow afternoon, this stock moves quickly up/down and I don't want to be caught if it spirals. NITE will move prior to earnings, that's for sure, i'm just waiting for the right entry. Will update when things change. Dave