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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: Ken Adams who wrote (2068)10/23/1998 8:22:00 AM
From: MskiHntr  Read Replies (1) | Respond to of 39683
 
Ken, the prints at 14 for NOVL not only were a 52 week high, but this is the highest NOVL has been since the week of July 5, 1996...this is a 2 year recovery high. Volume wasn't too bad on a daily basis, 6.875,000, the fourth highest daily volume since 6/17/98.

Re: COMS, the close of 33 3/16 is also a recovery high close, the best close since 5/6/98. and it, too, has been seeing good volume of late.

I'm only in for a short term trade on both, I've got close mental stops and will beat a hasty retreat when warranted.

Best, Joe