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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Ken Beal who wrote (5795)3/8/1998 8:08:00 PM
From: LastShadow  Read Replies (1) | Respond to of 120523
 
ANAD and RATL

ANAD I am not familiar with, but looking at the charts it seems to have pretty much hit bottom. You probably got in when it was making the first attempt to rise from the dead, and it fell back. Although the tick was even all Friday, I didn't see any large buys, just lots of small ones. That implies that any jump will correct quickly from traders selloffs. Although there were probably a lot of bottom feeders. 15% is a stiff penalty to take from a broker's advice. I would tell him to set protective sell stops for you at 8% below your entry, and if he is so hot on the stock he can buy them off you on the way down.

RATL - set the stop for Monday. I think Copia was eyeing that one as well, so there is probably something there I am missing from my TA on it. Friday's close didn't show any strength, so I wouldn't want to sit very long on that one if it doesnt uptick at open.