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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Clint E. who wrote (18093)10/20/1998 3:58:00 PM
From: space cadet  Read Replies (1) | Respond to of 69822
 
Hi Clint,

Unfortunately, I didn't act quick enough on most of the small caps I wanted to get into. However, I did buy kea but not it is acting quite weak, on a day that the Nasdaq is up big again (well in the morning it was up but not now). Do you know why it looks so weak? I'm getting a little nervous since I don't seem to be having any luck lately. It's p/e is reasonable, but maybe wall street doesn't like it for some reason. I'm thinking that around Jan there will be a lot of y2k stories in the media which maybe will help this stock, but I don't know if I should hang around that long. What do you think, if anything? The volume in the stock is low and the SI thread on it looks pretty dead.
I'm still mad at myself for not jumping in cien when it was under 10.
My timing lately has been really bad. Now it looks as if a selloff has begun. I don't think it will be too bad, probably just a couple of days, and then we go up more, at least the small caps. I think we'll probably trade in the 8000's for a while. Do you think so also?