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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: tom pope who wrote (333)9/13/1998 8:43:00 PM
From: Dave Shares  Respond to of 43080
 
Tom,

The companies I posted on the support list all had P/E ratios under 20. Not necessarily the case with the prior steady gainers.

I am sure they all will have a good chance when the market stabilizes, but I want to focus on those that are staying above the 200dma, but I am watching all of them. I like SKYW very much as an example of that, even though it is below the 200dma, and I had made that decision on the basis of the Northwest strike getting settled and did not realize until I picked up Barrons yesterday that airline stocks were on the cover.