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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Susan Saline who wrote (17377)7/19/1999 4:54:00 PM
From: SpecialK  Read Replies (1) | Respond to of 43080
 
Long USWB at 25.75 just before the close. I have been thinking for over a week about what I will buy. The market seems toppy. Amazon, Microsoft look good here. Many stocks look good for a short term upmove, but the charts don't look scary for the mid-term. With August thru October comes a lot of nervousness, at least on my part.

Tight stop at 24. Earnings to be released after the close on Tuesday.

ADSK too looks intriguing, as does CDN. They both dropped sharply last quarter on slowing revenues. Autodesk recently released AutoDesk 2000. This could be a good slow accumulate for the next 2 months with strong results 6-9 months out.

Sue, so do you like CPQ on the pullback?

Ketan