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Non-Tech : Claire's Stores (CLE) NYSE -- Ignore unavailable to you. Want to Upgrade?

To: Henry Muller who wrote (463)	12/5/1997 8:43:00 PM
From: Archie Bunker	Respond to of 619

Happy Holidays Henry, I'll send you my picture if I eat my shorts, I have a digital camera, we could even have a video conference and glare at each other via Microsoft Chat. Vice verses if I'm right! Someone sold another 1.2 million shares today... how low can it go.. Only my opinion!

To: Henry Muller who wrote (463)	12/6/1997 7:18:00 AM
From: Irene Lynn	Read Replies (1) \| Respond to of 619

Hi Henry...I'm a lurker here and been watching your debate and Archies..I've also been watching cle...I've been fascinated with this company since the beginning of the year when a new mall nearby opened up with 2 cle stores in it and my 12 yr old daughter and her friends visited it quite frequently. I also noticed how even in the small mall in our area these two stores were always busy. Wish I bought the company last January and rode it up. Anyhow, I am not taking any sides here but wish to interject something I've personally observed. Both of you could have ...and I say could have valid points. I read and heard even on cnbc that fundamentally cle looks great. In fact last week someone on cnbc mentioned them with a 20-25% return per year over the next two years and some acquisition in the near future. However, technically, which I believe is the way to know when trouble ahead is abrewing tells me something isn't Kosher. It dropped over the past couple of weeks from 22 to 19. Great news comes out regarding November sales. Stock shows going up 1 1/4 and settling back to close up 3/4. Something like that. Anyhow, I looked and thought, it should have closed off it's highs with good news like that..with good long term outlook too..Why didn't it? . Then next day, they announce no stock buy back and no reason. Now, down 1/16 at 19 1/4 on a good market day with high volume over the past few days..tells me that people are selling into good news. . Technically it looks like it's going downward. Fundamentally it looks good long. I use Stockfever for doing analysis. Great site for info. You can go 10 yrs out even on a company. Well, I went 2 yrs out. Cle has a tendency to drop at year end and pick up in January mainly due to tax selling. Lots of small caps do this at year end. This year as we've seen the market reacts so different to the norm who knows how it will finish. Short term over the next month Cle looks down till Dec sales come in.... My question is due to my own experience with "great little companies" who look good long, is why the selloff after good news the other day? I believe in tech analysis. It guides one on insider selling or buying. I want to enter the position into the company but don't like the pattern no matter how good the long fundamentals look. I've been in situations before and can quote you companies like this scenario that were $28 at on time and in 2 yrs now 3/16 due to management. So both of you have valid points. However, I think there are some valid questions here still need to be answer and time will be the answer. Until then I will watch and let the charts be my guide... Good trading to both of you and please keep the emotions in check, gentlemen <GGG> Irene