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Strategies & Market Trends : Alamos Gold -- Ignore unavailable to you. Want to Upgrade?


To: vds4 who wrote (2496)5/6/2002 3:34:07 AM
From: Al Collard  Read Replies (1) | Respond to of 4470
 
Martin,

Two posts, one long and one short ZL-t? I will take your later post for the short until further notice. At least you have your bases covered. <ggg>

Al



To: vds4 who wrote (2496)5/6/2002 3:38:56 AM
From: Al Collard  Respond to of 4470
 
Hi Martin,

Your in with ZL-t short @$ 12.60 for 1,587 shares.

Chart for Zarlink Semiconductor Inc:

stockcharts.com[h,a]dacayiay[dc][pc20!b50!f][vc60][iLa12,26,9!Ll14]&pref=G

From the chart we can see this falling knife has fallen off the cliff the last two weeks on below average volume. The stock has resistance @$ 14.35 it's 20EMA with the chart indicators very bearish, showing no signs of turning around any time soon. But the stock has to bounce at some point. Doesn't it?

Good luck with this pick,
Al