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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: Dave Shares who wrote (14199)9/8/1998 6:42:00 PM
From: Jeff Jordan  Read Replies (2) | Respond to of 120523
 
Dave,

I like SEBL....Any thoughts about a continuation rally? Would another 5% be considered a bull market?<g> It really feels good to nail something in troubled times.

Jeff
angelfire.com



To: Dave Shares who wrote (14199)9/8/1998 6:46:00 PM
From: Judy  Read Replies (1) | Respond to of 120523
 
David, I have not traded SEBL nor do I follow the stock. But FWIW my sense is there is overhead supply at 27-28 so the stock would have a difficult time going higher unless there is some fundamental news that you know of. If SEBL manages to close at 27 1/2 higher, strike 30 may be within reach on an intraday basis. But when the NAZ sells off again the small caps will get hit hard. You might consider setting a trailing stop to protect, moving the stop up if the stock moves up. Good luck.

It appears you went long before seeing whether SEBL would hold on the third test of the 200-day ema.