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


To: Ken W who wrote (25774)8/4/2001 3:36:53 PM
From: JoeinIowa  Respond to of 29382
 
Hey Amigos,

Heading out camping with the boyscouts on Sunday for a few days. Nothing like 90's and humidity to appreciate the great outdoors. With any luck I will be back Tuesday night(actually with luck I would be back Monday, LOL). Get some type of rally going while I am gone.

GLW looking good on Clearstation.

clearstation.com

Joe



To: Ken W who wrote (25774)8/4/2001 7:01:33 PM
From: Sergio H  Read Replies (2) | Respond to of 29382
 
Hi Ken. Splurge a little. Dianne would love Cape Cod. Traveling along route 6A she will find one antique shop after another. When you find yourself homesick, on the bayside of the Cape, you can see the sun setting into the ocean.

I agree with you that this is a good time to return to investing in small caps. I think that the smart money is looking for value plays. How else would you explain stocks like FDP and DWYR gapping up on earnings runs? Yeehaw!!!

DWYR took out its 52 week high, racing past resistance at 3. Prior resistance is now a good base as the rally gap has been filled. The other gaps you have to expect in a thinly traded stock with a tiny float.

For some light reading, there are two recent reports on DWYR:

firstdallas.com
profiles.wisi.com

DWYR has established itself comfortably in the service sector niche of ODD JOBS <ggg>. They make money on franchising fees and royalties. Nothing too complicated about the business plan.

Another small cap successfully executing a simple plan is FDP. This stock also gapped up in advance of earnings release, hit a new 52 week high and is now in the process of filling the gap before heading higher. I yelled at Myron to buy this one <ggg>. Gap fill will be a good entry point.

I plan to restrict my future trading on the 10K run to these types of stocks, to mirror my actual trading. Brogan has stuck to this discipline.

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Ditch, from my vantage point, PLUG chart looks weak. There is positive MA crossover but with a negative trend. Also, I see a head and shoulders pattern. Perhaps you're right though. There's been a ton of press suggesting that the
energy sector is due for a slowdown. After the fact warnings
considering that the sector has already experienced profit taking or a correction.

Hope your mother is recuperating well and that you're still successful in your effort to quit smoking.

Sergio