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

To: Coz who wrote (1758)	10/28/1998 10:59:00 AM
From: Walter High	Read Replies (1) \| Respond to of 43080

Coz, TKLC was a great buying opportunity right out of the gate this morning. I was a little slow on the trigger and by the time I got by broker's screen up and an order entered, it had already rebounded from 17 5/8 to 18 1/4. Still, it was up to 20 7/8 a few minutes ago. This is a strong company with good earnings. It beat its estimate by .02 as it always does, but didn't make the ridiculous whisper number (est. .16, whisper #: .23). This is a great stock to position trade or daytrade because it is so volatile. If you buy it on a dip and it goes against you, you can always hold it for a few days or a week and it will come back. Look at the chart. Walter High