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Strategies & Market Trends : WELCOME TO THE CATHOUSE -- Ignore unavailable to you. Want to Upgrade?


To: jsavage who wrote (1029)1/10/2002 12:17:46 AM
From: ivan solotaroff  Respond to of 1065
 
Hal,

I've been meaning to write and express regrets about HAL. True, it wasn't a cat, but that was a great place to buy.
Next time ... and there'll probably be a similar opportunity tomorrow. They seem to make these in some special bad news factory.
Book's doing good, considering it came out 9/11 and all. Thanks for asking.

Ivan



To: jsavage who wrote (1029)1/19/2002 1:23:11 PM
From: ivan solotaroff  Read Replies (1) | Respond to of 1065
 
Jeff,

BMY is an interesting catlike play in progress. It gapped on news intraday in 4/00 for a full 30%http://www.askresearch.com/cgi-bin/chart?symbol=bmy&exchange=USA&size=640x480&months=24+months&type=Bar&color=Graph+Paper&scale=Logarithmic&moving=exponential&moving1=20+day&moving2=10+day&moving3=None&bollinger=20+day&ind_vol=on&ind_obv=on&ind_sto=on&sto I watched the action that day and thought it muy felinico. Friday was the new low on significantly higher volume, with a strong bounce at the end of the day askresearch.com While there are obvious fundamental (bad news)-type reasons for the drop (and equally obvious technical reasons for the bounce (meow, meow), it remains a kind of quasi-cat with a fresh signal. If nothing else, it's one of those "trades" that if you get caught in a loss with it and have the odd 2 weeks to 2 years to sit on the loss (a.k.a. "investment"), you'll be pretty well assured of selling higher than where you bought. Definitely not true of the KMarts and Enrons I've been gambling my retirement funds with.

Ivan