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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Ken W who wrote (17263)11/5/1999 12:26:00 AM
From: SLOJET  Respond to of 29382
 
Ken:

Ya just gotta love that daily chart. Tomorrow should be a good day for the shorts.



To: Ken W who wrote (17263)11/5/1999 8:10:00 PM
From: Sergio H  Read Replies (2) | Respond to of 29382
 
Ken, we disagree on FILE. The stock is riding short term support. Look at the 10 day moving avg. The only negative that I see in FILE is that it's trading at too high a PE for the projected growth rate.

ADBL's chart is very interesting. The stock is bouncing off the Bollingers, but there is a positive crossover on the 10 day and 50 day averages. I got stopped out today at 11, and I'm planning on buying it back on Monday. I think that Worth articles have a delayed reaction for buying...usually two days after the issue hits the street, and then two days later the opposite reaction hits. ADBL just ran the Worth cycle.

Sergio