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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: PitBull who wrote (7470)4/11/1998 6:23:00 PM
From: UC Slug  Read Replies (1) | Respond to of 120523
 
Hi Enthusiastic,

I like you limit prices for BUNZ and EDFY. Both of these stocks seem to be less volatile so those would be good entry points. With CWTR and TCNOF I might go even a bit lower than your limit prices depending on the opening price. Both of these stocks make fairly wild swings (1-3 dollars in a one hour time frame) and both closed quite strong at the end of the day. My guess is that the market makers are going to run these down a bit on Monday and then give another strong close at the end of the day.

TCNOF limit at 22 1/4
CWTR limit at 18 3/8

There really is no technical reason expect for intraday support from Friday's trading for these prices. The main logic behind these limit prices is how the market makers play these two stocks. They can be quite manipulative with these two.

Good Luck To You,

Jim