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


To: arnold silver who wrote (17956)12/18/1999 6:23:00 PM
From: Sergio H  Read Replies (1) | Respond to of 29382
 
Arnie, if you're already in DUSA enjoy the ride. DUSA hit a new alltime high on Friday on phenomenal volume and should continue going higher.

A market order, specially at opening is not a good strategy. I am thinking that the stock will gap up on Monday morning and that the opening might end up being the high of the day.

Sergio




To: arnold silver who wrote (17956)12/19/1999 12:38:00 PM
From: Ken W  Read Replies (1) | Respond to of 29382
 
Arnie:

I agree with Sergio on DUSA at the open on Mon. Typically new highs on large volume gap up on the next trading day with that being the high of the day. 20 will become a very strong number on the support side. Your call, but if I were not already in then 20ish would be my buy spot for a trader to just under the new high. If you already have the stock below 20, and don't need the cash flow, ride it for a while just like you did on CTCH. I see another LS in the future of your bride!

Ken