SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : FORE Inc. -- Ignore unavailable to you. Want to Upgrade?


To: denni who wrote (7000)12/30/1997 10:55:00 AM
From: Ed Frye  Read Replies (1) | Respond to of 12559
 
hi denni. Set a buy stop @14.5 yesterday on 1/3 position (=waistline of Thursday's black candle) when stock was under 13.75 in case there was more down-side. Got filled in yesterday's white candle = Morning Star = Very Bullish 3 day reversal pattern. Set breakeven sell stop this AM. Risk = 0.00, reward = ????. Next buy stop = 16.25. Then 17.75.

Current positions = UNPH; FORE; ARSW; TLAB; RATL.

NASDAQ chart looking much better since x-mas. Still 25 points or so below 30 week MA. If/when NASDAQ breaks support/resistance @30 week MA I'll feel like Asian bearishness is behind us. Korea deal over weekend was very positive. Jan earnings will tell the story. All my trailing sell stops are currently set at breakeven or higher.........ed