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


To: Tim Luke who wrote (2574)9/29/1998 12:04:00 PM
From: Jay Ray  Respond to of 7247
 
gotcha.

I'd be surprised if we got any more than 1/4 pt - especially since this is the first move in so long.



To: Tim Luke who wrote (2574)9/29/1998 2:44:00 PM
From: Shanker Reddy  Respond to of 7247
 
Tim, great thread and interesting discussion.

Here are my short term picks.
bot DIIG 12 (52 wk 11 15/16 - 33 1/2)
bot ESCMF 6 9/16 (52 wk 13 7/8 - 46 3/8)

ESC Medical Systems dropped 8 points today on news of 15% revenue shortfall in 3Q'98 and EPS of 0.20-0.25 VS 0.50 estimates. I believe market over reacted.

Happy trading,

Shanker

PS: always do your DD prior to investing, it's your money at stake



To: Tim Luke who wrote (2574)9/29/1998 2:58:00 PM
From: Brett Fleischman  Respond to of 7247
 
COOL 9 5/8

News tomorrow? and earnings Thursday

Brett