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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Chris who wrote (7164)3/19/1998 7:01:00 PM
From: Dennis J. Harris  Read Replies (2) | Respond to of 42787
 
Hi Chris & other stock attack'ers,
I discovered this topic and have been lurking. I enjoy this thread.

Here are a few to WATCH:

PETD - gonna go soon - I own this one - value stock
NTBK - interesting - watching and waiting to get in. - growth, watch this one eat $$$$ from 0 to a billion bucks this year!
SALT - gut analysis, Peter Lynch kinda of pick - lean mean grilling machine (grill no ear before its time)- it works - great product - I will buy tomorrow - value & growth
SESI - value, growth, gonna go, I own and will add at opening tomorrow

TA'ers what do think of the above?





To: Chris who wrote (7164)3/19/1998 7:11:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (2) | Respond to of 42787
 
you have to pay attention to news Chris.....

you cant use TA alone( oh I know TA people dont like to hear that I suppose)

I understand the concept of trying just to follow the chart

but you see what happened to MER

however, it didnt give up all gains from yesterday...so that is a plus

that same thing happened with this mystery stock that I cant remember the name of

David Faber on CNBC would come on all the time and say..the rumor is denied..but everytime the rumor is denied the stock doesnt give up all of its previous gain...cycle after cycle after cycle of the rumor circulating...this is bugging me.. i wish someone would remember what stock I am talking about..still think it was American Express

another example is WFC..your chart might have said to buy at a particular point...but if a rumor comes out that Buffet sold his position (this happened last year and it dropped the stock....)...you have to pay attention to it.

btw, I dont know if he has any left or not at this point.