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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?

To: Bruce A. Brotnov who wrote (15791)2/14/2003 11:23:00 AM
From: Bob V  Respond to of 16631
 
Bruce

TENT looks to be a winner. Meets almost all of my criteria, I'd like to see profit margin a little higher but I guess the food business is low margin high volume.

I have this theory that a stock will move higher after an up day on heavy volume. Especially if it closes close to its high. I'll keep an eye on this on and test out the theory with a small position if it stays around $8.00

It is also moving in on its 20 day MA. I'll play it with tight stop just in case. Its got to be better than the two I picked for the contest.



To: Bruce A. Brotnov who wrote (15791)2/14/2003 4:08:54 PM
From: Bob V  Read Replies (1) | Respond to of 16631
 
Took a small position in TENT late in the afternoon. I think I was the 2nd to last trade. Hardly any volume after the first couple of hours. A few buyers under $8.00 and hardly any sellers.

I'll keep this one on a short leash and hope for a little run on monday.


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