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


To: Sergio H who wrote (23527)1/21/2001 3:07:30 PM
From: Ken W  Read Replies (1) | Respond to of 29382
 
Sergio:

KMAG: Looks safe at 1 1/8 trade on the upside potential of 2.50 as it builds toward earnings and CC. Close stops at 2 if it breaks over that level as you know how human nature likes whole numbers.

XOMA: siliconinvestor.com

Could there possibly be more gaps in this chart. <GGG> A trade at 11 or 10 3/4ish back to just under 13 looks doable to me.

RDRT: <GGGGGGGGGG> The gap is the reason that I sold the Feb. 5 calls on 2k shares of my no cost basis at 2 3/4...if the gap gets filled I keep my shares and take down 2700 bucks at the same time. 3k shares are still sitting in the kitty in case it goes to 9 or 10.

PCOM should be good for several more little trades as earnings are a way out yet and the stock got way ahead of itself this past week. I'm looking to buy back in at 4.50.

CATS is giving off buy signals all over the place. I expect Nat'l Market listing to be announced soon. Upside, after 6 3/8 resistance (thank you Bernard) is 7 3/4.

I think I'm going to stick with trading Semi's and Storage stocks for most of the first half of the year. Well, okay SUNW if it gets to the mid 30's...expecting a company that large to grow at more than 35% is nuts. I love these idiot analysts!!!!!!!

Ken



To: Sergio H who wrote (23527)1/21/2001 8:03:24 PM
From: in_cog_nito  Respond to of 29382
 
Sergio: For about 1 & 1/2 days the RDRT/WDC Gap scared me while playing the stock LONG. After that it became obvious to me the stock was going to ignore the GAP for awhile and head higher, as one would expect going into a well advertised Earnings and CC. this coming week.

That GAP could provide a very profitable Short Sell once the Earnings and CC party is over.
How long the party last will be determined by the strength of the News.
Could become a short sell Thursday or it might have to wait a few days.... either way, a ride from apx. $9 or $10 down to fill the GAP would be a VERY Profitable, and probably quick, Short Sell.
Ride'em UP, Ride'em Down........

The other stocks you mentioned I will look at later tonight when everyone is in bed and silent.

Nasdaq and Dow should have a good week.

ICN