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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (17651)7/18/1999 12:28:00 PM
From: LTK007  Respond to of 56535
 
Max fails to follow his own gut feeling about a stock once again:)
techstocks.com GALT now up 37points since I posted this:( Max



To: LTK007 who wrote (17651)7/18/1999 10:42:00 PM
From: American Spirit  Respond to of 56535
 
Voice from The Tomb TA on CHRZ:
"CHRZ should test 19 soon. If it breaks through we should see much higher highs (30 or more). If not we will consolidate for a while and then go higher. The risk on CHRZ is low. The earnings warning proved that. We are going higher soon.
Charts do not work well for unknown events such as buyouts etc.
Every method of valuation shows CHRZ as a buy. I think this is one of the lowest risk stocks I have seen in years."

Just an opinion of course. I happen to agree with it.

PS: Last October we should have all sold the farm to buy tech stocks. I remember buying Ciena for $8 and many others. Unfortunately I was also holding a lot and didn't have much cash left. It was a very hairy day. The sky did seem to be falling. That's when to buy. I'm sure many of us will be ready with cash in October. So maybe the contrarian thing is to sell now and buy in September when everyone's expecting the market to fall. Just a thought.