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


To: brogan who wrote (18516)1/28/2000 11:37:00 PM
From: Ken W  Read Replies (1) | Respond to of 29382
 
brogan:
"nimble in and out"

Not as nimble as I should have been. After the big volume day and the settle at 7 I thought things would base for a couple of days and retest the high of 8 3/8....no go. The market was just not ready for that I guess. There is a nasty little gap that needs to be filled down in the 5.50 area. I'll be a buyer again at about 5 5/8 if the volume supports my theory. The other possibility is for the stock to bounce off the 13dEMA just under 6, just a matter of timing. It all becomes a chess game with the MM as they ran the stock down tick on small trades all day, pushing the more expensive larger block trades at the ask.

Ken



To: brogan who wrote (18516)1/30/2000 6:23:00 PM
From: Sergio H  Read Replies (2) | Respond to of 29382
 
Ken is more agile than nimble. He's got a thing against holding stocks. Unfortunatly, the one stock he's agreed to hold on to hasn't panned out yet. Speaking of IFLO, I'm sure everyone knows that the resistance at 4 is nothing compared to the resistance at 5.

INAI is looking very good. Large block trades all of last week. NANX is still riding on the 10 day MA wave (5 7/8). Support under 5 7/8 is at 5. Trend is intact.

Looking at two new plays. TREV and WAVE. Any thoughts on these?

Sergio