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Strategies & Market Trends : Candlestick Charting--The unknown indicator -- Ignore unavailable to you. Want to Upgrade?

To: MonsieurGonzo who wrote (904)	12/7/1997 9:15:00 PM
From: ftth	Respond to of 1589

Steve: I've been keeping an eye on LHSG since this past summer, although currently I'm not even running my breakout scans of high growth rate stocks. If this past Friday's breakout would have happened in June, I'd of snatched this up intraday Friday. It's been pretty tough to make money in the past 6 weeks or so, on either the long or short side. I've been running with very tight stops, and at least am about break even over the period. Fortunately I was pretty much to cash a couple weeks before the plunge. The growth names that I primarily follow are just not partaking in this rally in any convincing way. If anything, long candidates for me would be from defensive groups like food, utilities (yuk), financials. Too many contrary indicators right now to make any high probability moves. Definitely too uncertain to allocate more than about 25% to longs from my perspective. As far as the company, LHSG, I like it--just not right now. dh