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


To: Sergio H who wrote (8815)12/4/1997 10:30:00 PM
From: ChrisJP  Read Replies (1) | Respond to of 79352
 
Hi Sergio,

I wish I knew more about how MLOG earnings will turn out, but I don't. All I can tell you is that earnings are out after the close on the 16th. If history is to be trusted, the stock seems to move up on good volume a day or 2 before earnings are released. The safest play IMO, is to wait until Friday Dec 12 or Mon Dec 15 and see what happens. The moves seem to last about 3 days, so if you get in on day 1, you should make out great.

I still own 1000+ shares, so you can tell I'm still optomistic about their prospects. I'd buy more, but I just bought 1000 APCO this week.

I was looking at some charts for CADE and SEEQ. They look ready to make good moves up again (by good move I mean 1/4 point or so). What do you think ?

Chris