Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?

To: bw who wrote (2113)	8/25/1998 9:42:00 PM
From: Thean	Read Replies (1) \| Respond to of 14427

Some candidates: TWLB - it has been on a sharp rise ever since it broke through the $28 resistence. I broke through the $36 resistence yesterday as well but it got no confirmation today. Its peers like RXSD and NBTY have been going lower and could not get up. Their strength was due to management coming out and say they will not be affected by the price cutting initiated by industry leader GNCI. Investors in the vitamin group are still fearful of the price pressure repucussion induced by GNCI's move. I covered my short with a 10% loss near $30 and now it is at $35. Thinking of shorting it or putting it here if it cannot break above $36 tomorrow. SEBL - their business is reportedly very hot and good. But thier stock price may be ahead of themselves. It broke its midline BB two days ago and now has reached its lower BB. Will it surf lower or will it bounce back? We shall see. MRL - may be a better short versus other drillers since it has held up quite well in the last few weeks after the CDG buyout. But since the interest has again died down, MRL now has a longer way to fall. This is for day trading only. KRB - it appears to get confirmation today as it again could not sustain its price above $30 and closed below yesterday's price - setting up a surfing lower BB scenario. Already have put in it. Watch its evil cousin AFS. LT - have you heard anymore story on this one? HD and LOW - I think they are on a hot streak and shorting them would be a mistake. Housing starts are strong as hell and they still have room to move up.