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Non-Tech : Sunglass Hut RAYS- Will it ever breakout? -- Ignore unavailable to you. Want to Upgrade?

To: Bleeker who wrote (823)3/12/1998 3:11:00 PM
From: Jon Tara  Respond to of 971
 
Bleeker, that gap on the chart is awfully tempting.

IF the market stays with us, and IF RAYS can break 11, it should jump to 13 in short order.

Lotta if's, but a day-trader's dream.

My experience with these, though, is once they jump the gap, they tend to run significantly further, though the short-term traders will hop out quickly on the other side of the gap, and it will take some consolidation before it moves further.

(Not long RAYS, but "thinnin" about it...)


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