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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?


To: Galirayo who wrote (10057)7/30/2005 12:37:05 AM
From: Cary C  Respond to of 23958
 
Some of your recent picks have shown that there is plenty of room for a stock to appreciate after a gap before filling. In some cases those stocks have yet to fill. I know personally I sold DIOD for a fill at 34.21 and HD for a fill at 40.30. I held on to CREE in spite of the fill at 25.56 because at the time the fill was real close to the moving average and is now well below the moving average. Now CREE has another one at 27.75, just below it's 20EMA of 27.83 and just above the 50MA.
I would suspect it might fill with resistance around 30ish if it gets there before earnings. If not it will depend on what earnings do for it to gap up or down.

I am beginning to understand why I stayed away. lol
That or because of how fast you guys trade <g> I was telling Sergio that I thought it was pretty amazing that CREE was currently the 5th longest held stock in the folio. That was about what 3 weeks ago? <gg>