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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: DLS who wrote (17133)7/17/1998 3:17:00 AM
From: Clint E.  Read Replies (1) | Respond to of 69744
 
Hi DLS. I don't follow CGNX so it is difficult to voice an opinion about it. However, in general I am not a fan of this sector. Value players can buy for days and months before seeing these stocks pop back up again.

If I were inclined to play it on the short side I would wait until it reports earnings(since in general I have such bad luck with earnings plays) and then decide what to do. For example, CHKPF was a short this morning. TLAB wasn't. I was smart enough to get out of CHKPF at the open but very dumb for not shorting it and covering TLAB at the same time.

Let me watch it a couple of days & if I have anything to add, I will let you know.

Clint