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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Ken W who wrote (9913)	10/28/1998 9:26:00 AM
From: Prof	Respond to of 29382

On CYCH - Thanks, Ken, Max. Agree on the internet psychology - will wait for the sector to hit the skids. Meanwhile there are better fish to fry. CYCH came to my attention simply based on sustained higher volume with little or no price movement. Such accumulation is usually followed by a good move up OR down. When I added in the confusing earnings and poor FA, it seemed to be a good short candidate. But I don't play the internets much and you are right that those who do have entirely unfathomable methods of valuation. Yes, I watch what the TM, Pink, Asensio, crowd are up to as well - although I am very leary of "head fakes" by these folks. In the case of FILE - I agree. They will start unloading at FILE's resistance point (which appears to be 7 3/8-7 7/16 right now.) Regards, Prof