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Strategies & Market Trends : Stocks with 'Dead Cat Bounce' potential -- Ignore unavailable to you. Want to Upgrade?


To: ~digs who wrote (23)8/10/2001 12:24:44 AM
From: ~digs  Read Replies (1) | Respond to of 130
 
No new ideas... need sleep.



To: ~digs who wrote (23)8/13/2001 12:10:44 AM
From: ~digs  Respond to of 130
 
quickie update,

CPST : no mercy for this one yet which is good... target long entry for oversold bounce not yet achieved

SPLN: might be time to watch this one more closely. I'd like to see a washout down to a buck or so b4 initiating

ITRU: volume is still dead. this one is good near a buck if you like watching paint dry. but be prepared to dump it quick if it can't maintain this level

NBTY: short position looking nice. Note that it did in fact retest that intraday breakdown on friday. The high on this stock was 16.4 so the 16.75 stop loss went un-executed. We can draw a downtrend line on the 15 min chart now so i would suggest maintaining a stop above that... and trail it down as time progresses.

KRON: able to close above 50 again but stop loss is still in tact. Based on the chart I could foresee a push in this stock over the coming week w/ 55 being possible. stay firm w/ current stop near 51.6 but be on the lookout for strength

EAG: in a double bottom formation but has yet to print a new low. stop loss in tact

FIMG: 15 min uptrend line broken thursday morning.. profitable trade in the making... maintain stop loss near entry point so as to minimize risk