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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?


To: put2rich who wrote (3357)10/5/1999 8:36:00 AM
From: Ocean_Joe  Respond to of 19428
 
EMLX- I like the co. Just broke out to an uptrend on good volume after trading horizontal. I bet a split is not far away (was one recently announced?) All indications are long.

SSTI - Just fell 18 to 12 and promptly settled at 14. Gradual uptrend on medium volume. At least it is near a top so if a downtrend starts it has some distance to fall. Watch it for a change to down. Since yesterday's market was good, that may be why it rose; if you can exit a short quickly, try it. It can go either way, and my guess is down more than up, especially since the industry (as per SNDK) may be in for a slowdown.

DISH - Near its top, up yesterday on medium volume in a good market day. My gut sees more downside than upside. Short into morning rally if there is one, and it looks like there will be one. 94 would be an OK start point. Be ready to cover if it goes 2-3 pts against you.

My guess is Fed does not change rates but does put a bias. 75-100 pt rally follows, and is sold into.


Ocean Joe