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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Boplicity who wrote (81035)7/30/2001 11:49:57 PM
From: KymarFye  Read Replies (2) | Respond to of 99985
 
OT: FA's not my thing, but what I could find didn't seem to justify a weekly ADX nearing 70, or a PE over 30, or a 700% increase - for a specialty video outlet with a 3% profit margin and an only 10% revenue increase. I presume there's a REASON for what's been happening with it, but, almost regardless of what's been fueling the skyrocket, it's gotta come back. Soon, I'd expect. Not really my game, but looks more like a possible short (enter small on first flagging of momentum with wide stop) than a promising long at this point.