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


To: Sergio H who wrote (2100)2/1/1998 1:33:00 AM
From: Doug R  Read Replies (2) | Respond to of 2377
 
Sergio,

I must commend you on your continued effort to dig into the fundamentals of a wide range of stocks. I hope to keep up with you in my efforts to do the same on the technical side.

BTW, The SWAT pick GTAX has put up all new short-term technical breakouts at incredibly high levels. The IL is at 13 for Monday and the TA indicates that there is a good probability that the price may blow right through the IL. If not, $12 is a reasonable expectation. The SEC has prohibited any new short positions on the stock so that removes a source of selling pressure. A minor short-squeeze may be the cause of the above mentioned breakouts.

Doug R



To: Sergio H who wrote (2100)2/1/1998 1:50:00 PM
From: Susan Saline  Respond to of 2377
 
MESA

I concurr, be leery of this one, with recent lost routes.

Have played and followed this company for many years. The return rewards just do not seem to be there yet.

In air line sector, a better one may be TWA (positive change in trend) and PAA (although this one is riskier)

Also, gas prices tend to go lower in the summer months, a positive element for the airlines

Sue