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


To: Kim who wrote (8848)12/5/1997 1:30:00 PM
From: ivan solotaroff  Respond to of 79296
 
GOD I WISH I WERE GOD

Kim:

You posted me instead of Doug. Might want to do it again or he might not see it.

Ivan
PS: I think it would be a mistake to sell CADE



To: Kim who wrote (8848)12/5/1997 3:11:00 PM
From: ChrisJP  Respond to of 79296
 
Kim,

Here's my .02 along with Ivan's. CADE has not yet stopped going up and is rising on increasing volume. Almost all buys for the last few hours. Day-to-day since last Friday it is hitting higher highs and higher lows.

It make be temporarily overbought over the last few days like Doug says. But compare that with grossly oversold over the last month. I recommend waiting until Monday. After all, the stock is only about 3/8 from its bottom. If the stock starts to weaken go ahead and sell. I'm holding at least to see how the market reacts to next quarter's earnings.

Regards,
Chris