To: max power who wrote (19871 ) 2/1/1998 6:26:00 PM From: Captain James T. Kirk Respond to
Excellent question. In the very recent past I have owned all these stocks and have sold each after a very short waited peeks. I sold each stock, because the TAs went to a sell. Lets go one at a time. WSTL, a week ago all indicators were very strong for a buy. That was when we were at 12.25 area. then on the rally to 14, there was a first sell signal, short term, but it still remains a buy today. basically saying, do not pay more than 13 for wstl (I started accumulating slowly again on friday under 13). It is still an overall TA buy. Now ASND. Asnd has been a selll for a while, but is starting to trend as a buy, but not strongly. If you would like to hold this stock long term, it is a decent buy under 28.5, but I am staying away from it because I think it can be had for 26 again, unless the TAs become a stronger buy. I do not like playing stocks that are marketing at a mid-value range, because the downside and upside are relatively equal. Don't forget the bombs could fly any day, and asnd may be had for 25 or less. Finally my favorite, awre. Boy the fun I have had since its IPO. It is a no brainer. Anytime you see it at 11.25 or less, start accumulating, with a best price target of 10-10.25. Awre is currently a sell on its most reliable indicators, and its already begun, its slow downward slide, since the sell signal was reported. This baby explodes and peaks over night, and if you are not looking at best price and want to hold long term and can take seeing 10s or maybe 9s, then buying in the 12s is no problem(if you want to buy now, and get a piece of it). Again, its still indicating a sell. Personally, I have only started to accumulate wstl again, at this time. On monday morning, I will be looking very hard at ACTM, it is indicating very nicely as a buy. WDC and ADCT have proven very profitable in the last week for me and my TA source. Why wait 6-8 months, when you can get 2-4 points a week on other stocks ?
