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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: Judy who wrote (9662)5/26/1998 1:00:00 PM
From: AlienTech  Respond to of 120523
 
Wow SYMC broke 2 supports that fast amazing. I knew the pop woudld not last but did not think it would break a tripple top it broke through. ADBE is prob just doing its thing.

And I started working full time to not enough time to watch for options thats all.. Maybe once I get settled in I will start looking again.

ps..re SYMC look for a company going up big. Could be SYMC buyout and arbitrage going on.



To: Judy who wrote (9662)5/26/1998 1:27:00 PM
From: AlienTech  Read Replies (2) | Respond to of 120523
 
RE: SYMC
I looked at the time/sales and it looks like some major fund is getting out. So this might be a buying opertunity if they got out when their price target was reached or not. Also all the day traders start shorting it when they see a price drop and weakness so a lot of it could be due to that. I am watching PMCS here as well, broke 50dma now, and JBL seems to have strong support at 35 1/4 or at least I saw block buys at that point. And Goldman sacks and Merryl lynch both needs to loose their shorts. They exagerate any stock moments and seens to be very active in any stock I watch always shorting when they see weakness and then cover lower. Goldman's covering at 24 3/8.

APM short covering around 5.. WHY???