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


To: Sergio H who wrote (24907)5/7/2001 1:39:26 PM
From: Ken W  Respond to of 29382
 
Sergio

BLTI: Somethings ya just gotta go with the tape. I bought 5k shares in my trading account at 2.40 this morning. If nothing else the stock should go to 3 bucks just based on the past trading range between 2 and 3. I watched this stock once before a while ago at 2...I was afraid to chase it then as it went to low 8's then.

After getting my fingers burned on bananas before, I'm a bit shy. The PE does look good though FDP has been around a long time and surely a very safe long term play.

BTW......TRADE 300 shares of AMCC at 27.00 for the 10k run. Balance: 3,760 Target is 29.00

Ken



To: Sergio H who wrote (24907)5/7/2001 2:33:26 PM
From: Ken W  Read Replies (4) | Respond to of 29382
 
Sergio

FDP: The chart as I see it <GGGGGG> Needs to go over 8 and stay there for a while, become oversold and then there is not much to stop it. If not then a test of the 10day just over 7 would be a good spot for a trade back to 8. I'm going to keep an eye on it as well.

stockcharts.com[l,a]daolyimy[dd][pb50!b200!d20!c10][vc60][iUb14!La12,26,9!Lp14,3,3!Lc20]

This is one of your kind of stock amigo. Time and watchful waiting has always paid off for you.

Ken