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To: Shelia Jones who wrote (4436)	10/19/1998 8:50:00 PM
From: Alias Shrugged	Respond to of 14427

Hi Sheila! Kicking butt in small caps, eh? And champagne no less? Glad to read of your good results. Mike

To: Shelia Jones who wrote (4436)	10/19/1998 8:50:00 PM
From: Thean	Read Replies (2) \| Respond to of 14427

Shelia, the small caps have had quite a run and after reviewing the BB charts many of them have swung from their lower BB to their upper BB in the past 4-5 days. Tomorrow being the Super Tuesday and all will be a defining day for the market in general. Many stocks rallied in anticipation of better than expected earning on Super Tuesday and we may see a relief profit taking towards the end of the day. If this happens it would be perfect on the BB chart as these smaller cap stocks get bounce off the upper BB. Of course, they may come right back after retreating to their midline BB. I don't think they will fall back to their recent lows even if all big caps sell off. Therefore, I would not be too aggressive tomorrow in going long. We could have better chances after tomorrow. Still like PMRY - not yet reached its upper BB but it has been traded mo-mo style of late. So be on the right phase. SKYT - shall succumb to profit taking early tomorrow. It closed above its upper band. VTSS - Mike - it closed today at the top of its current trading band between 24 1/2 and 29 1/2. If it breaks it and the techs have further mo-mo, it should retest its old high. However, the gap above 24 1/2 to 26 needs to be filled sometimes I'm afraid. Therefore, I would take profit here and watch out if it can break and close above $30. If so, a re-entry may be safe provided its peers are well received as well. NBTY - silly Raymond James downgrade may provide another opportunity to play this big swing, beaten up vitamin maker. Today it closed near its midline BB at 6 1/4. If this is supported, I will reenter and believe it will be a slower climb up from here. But if it breaks its midline BB, the shorts will come back and we may have another trip to $5 and below. Then I shall load up another truck upon the U-turn. NAUT - closed at its upper BB and the resistence is not too far at 22. May get bounced tomorrow if it trades up to $22. BBY - the mo-mo is with it. The direction is up. XMIT - closed slightly above upper BB. Resistence around $23. It is overbought with small volume and there could be a big short or sell today above $21. Being stubborn with it has costed me dearly. Another lesson to remember the #1 of the 1-2-3 of investing/trading: Discipline. OSX - their run should be over today if oil continues to slide tomorrow. However, if they recover despite of oil price, then we know this round of up move is not over. Been there, seen that.