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Non-Tech : sherwood (national discount) (shd) -- Ignore unavailable to you. Want to Upgrade?


To: Sigmund who wrote (23)11/29/1997 6:21:00 PM
From: webpilot  Read Replies (1) | Respond to of 31
 
If we have a bad market this next week most stocks will decline. However if we have a neutral to positive week I believe that SHD will trend up. I am looking at short term stochastics moving up, money flows into the stock contradicting price in a positive manner. There is also a movement up in the relative strength. Volume spike on Wednesday also is positive. Short session on Friday still confirmed my prediction. Why, I don't know but somebody else does. By the way I put my money where my mouth is and bought some Friday at 12.375. If the stock were to back off 10% from there or does not move up in the next 2 weeks I am gone.



To: Sigmund who wrote (23)11/29/1997 6:35:00 PM
From: webpilot  Respond to of 31
 
By the way Sigmund I made another prediction on the RSTI thread. Check over there and you can see that I was correct in my prediction. However sometimes these events are short lived. You have to grab your profits and run. I believe RSTI has a way to go though. Good company no debt. Sorry off topic but this tread is pretty quiet.