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


To: TH who wrote (22573)11/5/1999 12:36:00 PM
From: Norm Demers  Respond to of 56532
 
Looks to me like the big boys are unloading. Also big time shorting going on. Better be careful here. Wait until the bottom is clearly in.



To: TH who wrote (22573)11/5/1999 12:48:00 PM
From: Trader J  Read Replies (5) | Respond to of 56532
 
Thurston: SPLS - Odd that PW would upgrade them into this sell-off, as somone appears to know something. Could very well be numbers related, but I don't think so. I think it may be a better bet in thinking that they are going to be using a significant amount of stock/cash to possibly make an acquisition ...... CPU???

This is one of the few companies at this point that I would avg. into weakness, it doesn't concern me a bit.

But like Norman says, be careful and wait for clear direction. I would NOT take a 100% position here.

Tj