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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Cube who wrote (20872)8/27/1998 11:10:00 PM
From: Magnatizer  Read Replies (1) | Respond to of 79227
 
Cube

I know ELY is just a short term trade but anyone wishing to go long please consider otherwise. Their new club is a joke. Their old clubs (oversized titanium, pricey) are going to be outdated soon. They still have some nice irons but they have burned golfers in the past. Like when they put out a three wood that had the loft of a four wood. then they came out with the strong three or something like that. So players who thought they bought a three wood needed to buy another club. The new steel head is a direct response to some quality clubs that have come out and taken market share. Orlimar and Adams. Both have excellent clubs. I believe orlimar is going to win the battle short term. But Taylor is coming out with a new line of low profile fairway woods also.

As you can see going long in the golf industry is best left to the Tiger Woods of the world.

ht
david



To: Cube who wrote (20872)8/31/1998 2:23:00 PM
From: ivan solotaroff  Read Replies (1) | Respond to of 79227
 
ELY

Cube:

If you did buy ELY on Friday, I hope you got out around 10:30, when it broke through to a new low, giving the sell signal. It's doing OK so far in this $hit-$torm, but that really MEANS NOTHING.
I said it with the last correction: Playing PGDCEBS against this kind of volatility is like fishing for anchovies in front of a tidal wave.
The only thing I'd advise less would be buying a stock like, oh, say ABTX because you thought you saw a bottom.
Ouch.
Hope you and everyone else is still solvent.
I'll say my too-da-loos to the master, then put my head back in.

Ivan