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Strategies & Market Trends : Turning $10,000 Into $100,000 By Year's End. -- Ignore unavailable to you. Want to Upgrade?


To: WTMHouston who wrote (848)12/10/1997 7:54:00 PM
From: UC Slug  Respond to of 878
 
Hi Troy,

Glad that ASND worked out for you. I shorted it too early and was stopped out of that trade. Lost a littlte, but made it up today. I am hoping the QNTM drops to about 17 or less. If it does I will probably buy, because that stock is highly oversold and a downturn would make a nice entry point. If it doesn't drop that much I will sit and watch.

Good Luck,

Jim



To: WTMHouston who wrote (848)12/10/1997 8:27:00 PM
From: UC Slug  Read Replies (2) | Respond to of 878
 
Watchlist

ACTM received an upgrade today with little movement in price. Not unusual in such a down market. I expect the market to be much the same tomorrow. If this stock doesn't gap up in the morning I would buy. (16 - 16.5 in one week)

SYSF is a highly oversold stock. Over the last few days the stock has had a pullback, which has brought the stock out of it's reversal trend. At current levels the price is near the lower bollinger band support. I expect it to maintain that support and head towards the 7 level soon. Also the company has a strong management team.

HLYW is still a buy. It is nearing a self imposed top, but it is still good for a dollar. Soon it should break 10. Watch the results of the self-tender proposal, this is the wildcard.

VVUS is a nice daytrading stock. Tomorrow it should continue to be volitale. If it gaps highly in the morning it might be worth shorting. It is best to watch this one through the MIRC forum.

HIV was up nicely today. I expect it to gap up in the morning, but before the end of the day start to fall. This could be a good short, because there is strong resistence at the 10 level. I have seen rumors on SI that this company may having another press release coming out. For this reason, I suggest not holding the short overnight, but still it is a good short.

Good Luck To All,

Jim