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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Chris who wrote (4954)	1/21/1998 2:21:00 AM
From: Ming Z Chen	Read Replies (1) \| Respond to of 42787

Chris: Thanks. I just come back and saw you post. Early this morning, because I'm in hurry to leave, I didn't even come into SI. For QMDC I only put a $19 3/4 stop and it didn' hit. By the way, how can you get $22 as support? Is ti from early Oct hi and mid Nov lo? I always use nearest LO and hi as support and resist lever like $20 and $28 for QMDC. Am I doing it wrong? Today, I didn't have time to watch the tape. So I didn't do the AEIS trade. I glad I didn't do AEIS trade ( otherwise it's a loss) Chris, did you ever watch CMOS? it's very tradeable stock. lately every time it fall below $25, it bounce back to around $30 within a week or two. Tomorrow I don't need to go to work, so I may try to buy some call option for PLC. PLC is a interest stock. The chart make you only want to short. However co is again submit data to FDA. I check the FDA web site and the Circulatory Pennel Meeting's date are 2/26~27, 3/16, and 5/7~8. After co annoice which meeting the are in, people's expectation can make stock bounce to $13 to $15 (50% gain) before FDA Pennel meeting. And if co get FDA approve, it likely up to mid $30 within a month or so. I will watch for QMDC for tomorrow and likely sell at market. Ming