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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?


To: Susan G who wrote (10808)2/2/2002 11:10:08 AM
From: John Sikora  Read Replies (1) | Respond to of 26752
 
Welcome Back Susan,

Hope things have settled down for you...Great post! I have been fortunate enough to play BEAS both ways for the past week or so...except on thursday morning I should have shorted immediately after selling at 19.80..C'est la vie! I agree something is awry...I never like to see volume increasing as a stock is tanking..Earnings on the 21st so perhaps a warning is in the cards...or just nervous longs with profits to lock in at the end of the year...or perhaps it's all that insider selling<G>...I won't play it long for a bounce until we hit 15.75 or so...Check out this chart:
siliconinvestor.com
I believe CRUS is about to roll over to the 15 area and am looking to re short on Mon morning...In terms of the Comp I would guess we are headed down to 1750-1800...Thanks again Susan for your market reads...Enjoy the weekend.

john



To: Susan G who wrote (10808)2/2/2002 2:05:31 PM
From: lee kramer  Respond to of 26752
 
Susan: Goldy sucked in a ton of their clients? Shocking! Let's see... a commission buying it, ($110 about right?) another commission selling a non-performer, (another $110)...let me get my slide rule and do the math...yup, $210. Oh what a game.



To: Susan G who wrote (10808)2/2/2002 2:50:38 PM
From: plugger301  Read Replies (1) | Respond to of 26752
 
Good to see you back. I had not realized how much I was learning from your posts until they stopped while you dealt with life events. Thanks.



To: Susan G who wrote (10808)2/2/2002 3:12:34 PM
From: Petrol  Read Replies (1) | Respond to of 26752
 
Welcome back, Susan :)



To: Susan G who wrote (10808)2/2/2002 3:39:16 PM
From: fivebagger  Read Replies (2) | Respond to of 26752
 
I got sucked into this BEAS madness on Friday... I interpreted it this way (which turned out to be wrong):

$18 was showing great support... i was thinking that all the volume signaled a change in trend and that the bounce off $18 would be definite... well, I got in at $18.20 and my stop knocked me out at $17.90. Bad move... oh well, live and learn! :)