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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Sonki who wrote (17995)4/18/1998 3:56:00 PM
From: Jerry Olson  Respond to of 50167
 
Hi Sonki

I was looking at WLA today on my Point & Figure charts...

Sonki this one is going thru the roof...

I've been in and out of it for 6 months or so, just for nickels and dimes...

But I missed it when is recently sold off last month down to 144, from a top of about 166ish...

So anyway it bottom and based at 144 went straight up to 188 intraday and just sold off back down to "New Support" of 166 intraday...It just now reversed back up again 5 boxes and now should exceed it's old highs on the way to 240......

I think the stock could easily hit 200 within the next move, then maybe retrace to 185-188 again on the way to it;s target of 240 range...and do this fairly quickly...the drugs sector is back on fire again...

I'm buying the July 165's or '175's and probably the Leaps of Jan 99 180's...it's too good to pass up...IMO this stock is just as powerful as PFE-LLY...right NOW!!!!!

As for NSCP i think it was rumor related and more a sympathy play with all the hoopla in the Internet Stocks....

Have a nice weekend......