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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: brk who wrote (18918)2/8/2001 3:10:01 PM
From: Walkingshadow  Read Replies (1) | Respond to of 19374
 
brk,

Excellent trade with RIMM. Couldn't have timed it better. Now let's hope it rallies again, and we'll go another round! Same rules, same scenario, hopefully. I'd like to see a 4 digit P/E again.

I'm long AMSC also, and I'm calling a bottom here. Note the reversal candle yesterday, with early technical buy signals from extreme oversold levels......and a P/B of about 1.5:

askresearch.com

A is basing, but note the island reversal in August, which it has never traded below subsequently. Out of this base, there has been one head fake, so the next one is very likely the real thing. Today's candle looks very encouraging so far, particularly so in an otherwise down or flat market. The top of the trading range is 60, and this will be the critical test:

askresearch.com

JMVHO..........

WS