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To: StormRider who wrote (44573)11/5/2002 1:40:57 PM
From: Larry S.  Read Replies (2) | Respond to of 53068
 
technically, BBY looks to be a disaster: stockcharts.com[h,a]daclyiay[pb200!b50!f][vc60][iut!Lh14,3!La12,26,9]&pref=G has not rallied at all with the market, has had a succession of lower highs, and looks to be working at lower lows. pe of 11 is interesting, but that was because of previous good sales? why do you like it? larry



To: StormRider who wrote (44573)11/5/2002 1:47:21 PM
From: DanZ  Read Replies (2) | Respond to of 53068
 
Hey, Storm:

I don't like BBY at 19 but think that it would be worth the risk between 14 and 16 if it gets there. After the big market rally, I'm not in the mood to buy much except for fast scalps. CC is trading right at chart support and might be good with a close stop. Yes, Kelvin, with a stop. lol It's ironic that you mentioned BBY because I was just thinking over the weekend that retail stocks might be a good place for a Christmas run. I have been watching BBBY, SKS, TOM, and TOY, as my favorites but haven't bought any yet.



To: StormRider who wrote (44573)11/5/2002 1:56:44 PM
From: Nemer  Respond to of 53068
 
BBY ...

>>>>> i think BBY is a good buy here. any opinions?

mine ====

BBY is not a good buy from my TA look at it ....

I'm worked out a quickie glance method ... not much backtesting, but it seemingly has some value .....

just take a peek at it in this manner .....
we'll see how it performs for this pup ....

sixty minute chart
draw a line from the 17.00 low on 10/10/12 through the 19.00flat point for today .....

IF it stays above this slightly rising line ...
it "might be ok"
but
below it ....
watchalee watchalee

again ...
just a thought as I'm preparing myself to go back to trading .....