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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?


To: Bonnie Bear who wrote (14591)3/4/1998 1:19:00 PM
From: John Hunt  Read Replies (1) | Respond to of 18056
 
Bonnie,

Thanks ... I have also picked up a few small caps lately and will check out the two you mentioned.

Mostly I have been scanning for a particularly accurate TA pattern (One Day Reversal) and then looking into the companies it finds. (I believe this pattern shows the stops being picked off before the move)

Here is an example (SUPG) of a bullish one day reversal (Feb 25th). I took a quick profit on the stock today.

chart1.bigcharts.com

A similar but inverted bearish pattern often happens at tops.

As a final check, I often use Vectorvest to check what others think of the stock.

vectorvest.com

Trying to stay nimble and be somewhat neutral (both long and short) until the DOW bear resumes.

:-))

John