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Strategies & Market Trends : Angels of Alchemy -- Ignore unavailable to you. Want to Upgrade?

To: Frederick Langford who wrote (9488)8/23/2000 9:07:55 AM
From: If only I'd held  Read Replies (3) | Respond to of 24256
 
If STMP manages to get above 5.... consider shorting it. It had a blow out yesterday and swerved into a Mack Truck.



To: Frederick Langford who wrote (9488)8/23/2000 1:02:52 PM
From: Kevin McKenzie  Respond to of 24256
 
Fredrick,

I'm almost sold on SPWX also. Just a couple things worry me.

(1) The volume on the stock is so low right now that I'm worried an MM or big seller could significantly drive the price down.

(2) Your comparison of SPWX to NUAN is compelling, but in general, when a sector is down (as speech recognition appears to be lately), all stocks drop, regardless of relative valuations.

I'd love to see a hard move down then a reversal above 60 on SPWX.


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