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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Sandra who wrote (7111)7/23/1998 11:28:00 AM
From: Prof  Read Replies (3) | Respond to of 29382
 
Sandra and Max,

Got in to PSIX @ 16 1/2 at open. Now seems to have hit resistance at 19. IMO, momentum will drive it past the resistance and into low 20s before close.

Question is, of course, how long a play is this? Anyone got a feel for a target here? To be honest, I got in on mo and am viewing this as a trade rather than an investment. (Which makes me nervous cuz I usually lose money when I do this :-)

Whaddya think?

Prof