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To: Trader X who wrote (12845)3/19/1998 1:59:00 PM
From: Tech Master  Read Replies (2) | Respond to of 17305
 
Kevin-

I'm thinking about shorting EDS here....

Any comments?

Tech Master



To: Trader X who wrote (12845)3/19/1998 5:11:00 PM
From: V.  Respond to of 17305
 
Hey Kev,

I agree with what you said about CYCH being a story stock on a small float, but I don't agree that the charts are meaningless. It did exactly as was predicted, profit taking on lower volume following the sudden rise. It respected secondary support in the low 16s today. It will certainly make another run unless the volume dries up entirely, which is unlikely since it is "glowing" now as you say. :)

I think shorter term T/A is very useful for cases like these. More often than not, in my limited experiences, it seems that a stock's movement is highly predictable and historically repetitive unless the market swings radically one way or the other, or there's an unexpected PR for better or worse.

FWIW, IMHO, TTYL, etc., etc., etc.

xoxo,
V.



To: Trader X who wrote (12845)3/19/1998 5:38:00 PM
From: john shoemaker  Read Replies (3) | Respond to of 17305
 
So I take it you all think CYCH has a good chance of a nice continued upward trend? I have a small position and am holding for a while. What do you think of SCUR? It seems to look like and act like CYCH recently. Any thoughts on SCUR would be appreciated.
Thanx,
Shoe