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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Doug R who wrote (7708)11/16/1997 7:24:00 AM
From: J.F.  Respond to of 79460
 
That's what I thought. I misunderstood the post at
techstocks.com
and was wondering...my fault...thanx...

jf...



To: Doug R who wrote (7708)11/16/1997 12:35:00 PM
From: freeus  Read Replies (1) | Respond to of 79460
 
Doug:
I had Maverick (MAVK) when it was 25, rode it up to 45 and sold all but 100 shares. Those are now at 30. On Fundamentals, MAVK has a p/e of 32 with a growth rate of 50. I think it will break out and return to 50 or 60: the earnings were up year to year from 34c to 57c last quarter and 19c to 35 this quarter. I dont know if it fell because of the lower quarter or because of the market in general. I am wondering if, at 30, I should buy more. Can you look at a chart and tell me what you think? From the chart it looks to me (who knows little about charting) like its still tanking but I dont know.
Freeus