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


To: LastShadow who wrote (364)9/15/1998 7:57:00 AM
From: Dave Shares  Read Replies (1) | Respond to of 43080
 
CPQ, MSPG

CPQ- Is there a point at which this is a short opportunity ? I don't short, and probably won't, but I am bearish on CPQ for the next month or at least until earnings warnings season is over.

MSPG - I do not like to play internets, but this is looking to me like an ascending triangle, only the high yesterday did not get to 35 3/4 which was Friday's high, and volume may be too low for yesterday. Anyhow, as an academic exercise, would it make sense to put a buy stop at 35 7/8 or 36 signalling a breakout of the triangle ?

Thanks for your input.

David