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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE -- Ignore unavailable to you. Want to Upgrade?


To: Dave H who wrote (1741)1/20/1998 12:50:00 PM
From: Sergio H  Read Replies (2) | Respond to of 2377
 
FIBR is up 7/16 with almost 1 million shares traded today. Yep, Jim, I say that it's hot!!!!!!!! Great call.

CYPB is starting to heat up again. Vol. is almost 500k. The stock gapped up at the opening and it looks like it's going back up to the
opening price of 2 5/8. This is the 52 week high and if it breaks the resistance....News is expected.

Sergio



To: Dave H who wrote (1741)1/20/1998 2:07:00 PM
From: James Strauss  Respond to of 2377
 
FIBR... And The Market...

>>>I will be looking for an entry point during the next week or so. This one has got LOTS of potential. Doug R is forecasting a dow drop at the end of the week, and if that happens, FIBR could temporarily have a really nice entry price. Barring that, I'm looking for a definitive uptrend support line I can draw. (they may well happen at the same time...)<<<
*********************************************
Dave:

Next week FIBR will probably be priced higher... I don't believe the market is ready to tank... Market Breadth is positive... Advancers are leading Decliners... Tomorrow the Banks report their earnings... If they are positive, the market will rally... Also, Asia is not weighing on the markets as heavily now...

The Dow transports are doing better than the Dow... This is usually a good leading indicator on the upside and downside for the market... What it is saying now is that the market is going higher...

Jim