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Non-Tech : Claire's Stores (CLE) NYSE -- Ignore unavailable to you. Want to Upgrade?

To: SeanS who wrote (542)	3/11/1998 7:48:00 PM
From: Thomas N. Scruggs	Read Replies (1) \| Respond to of 619

Good luck with your fishin'. I think it's too early to sell CLE. Most of my work is on trends and cycles. I've traded CLE in the past on a well defined annual cycle that sees the stock price increase from February through June-July. I bought Feb. 10, @$15.75 lookin' for a new high by June. Hit $23.00 today, and closed at $22.00. Just $2.00 from 52 week high, on volume of 1MM shares. There are still four months left in cycle. Looks, to me, like CLE will go past $24.00 by the end of March, and could be headed past $30.00 on this cycle. This is just my opinion, but I have a good history with this stock, including good success with short positions near the end of these cycles. Good luck to all! Tom