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Strategies & Market Trends : APMP (formerly APM) -- Ignore unavailable to you. Want to Upgrade?


To: WTMHouston who wrote (9397)12/19/1997 8:59:00 AM
From: virgil vancleave  Respond to of 13456
 
since i will not be here for the next 2 weeks, i will take the same pick for 2 weeks. i was going to short nke (i am for real) but it has already collapsed now. so just to be a contrarian i think i will go long pdg at the open both mondays.
pdg , placer dome gold. ironic but i feel that too many people have left the golds for dead and now is the time to get back in. has been a little strngth and stability now for about 2 weeks and noone has noticed.
and with the forein turmoil, gold could very easily make a nice recovery. just my opinion.
i will be in new york for the next few weeks and probably not have access to a computer so i want to wish all a merry christmas and good trading. this contest if fun and thanks for all the good work.
btw: i am still long creaf. fundamentals are just too good



To: WTMHouston who wrote (9397)12/19/1997 4:33:00 PM
From: Wayners  Read Replies (1) | Respond to of 13456
 
***1 Stock 1 Week**** Short Level One Communications (LEVL) at the open on Monday. Reason: The 12 Day Moving Average and trend is down, the price remains under the average and it appears that it is losing momentum on a dead cat bounce. 5 Day stochastics are at or near overbought. Volume is getting quite low. Downside target of $25 to $26. A 3 day moving average on price shows a short term reversal to the downside as well. Got boned on SAMC short today--looks like triple witching did it. Started out with a good 6% gain only to lose it all today. Please add me to the losers list for the week. Thanks Troy.