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To: mishedlo who wrote (75822)3/5/2001 6:38:18 PM
From: Shack  Read Replies (1) | Respond to of 436258
 
Hi Mike, CNF may have been tippet's. Sure does look ready to turn.

I took some profits on BVF today. Lots of violence in that chart now. I may begin to take some profits on COST. Its looking weak heading into earnings this week so I may get a nice gap down though. I will be moving profits into ANF.

As for food stocks, they are all beginning to warn. High energy costs are really hurting them. K looks ripe to fall out of that wedge. KO is the big pig here. I'll let you know what I do.

Cheers
Shack



To: mishedlo who wrote (75822)3/5/2001 6:52:01 PM
From: t_w_b  Read Replies (1) | Respond to of 436258
 
Mish,

What's your criteria for shorting/poots?..I hate to play with something above it's 200 MA, especially if the MA is in an upward trend.

Please tell your secret formula.<g>

TWB

BTW, shorted KO again today..Went short cause who knows how long the powers to be will keep proping this one up.American institutions die hard:)