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

To: majormember who wrote (1983)11/2/1998 11:51:00 PM
From: Walter High  Respond to of 43080
 
Skane:

I have followed and traded ADAC for about two years. This company manages it earnings very well and always comes in right on the number or one penny over. They never have a surprise either way. In view of that, the run-up before earnings usually peaks right at the announcement and then drops off. It is probably a good short at this level and even if it goes up higher, it will be back. Look at the chart; it never stays at its high very long without taking a significant drop back.

Walter High



To: majormember who wrote (1983)11/3/1998 11:01:00 AM
From: James Strauss  Read Replies (1) | Respond to of 43080
 
ADAC...

Skane:

ADAC looks like it's topping out... Stochastics bending downward and Neutral MoneyFlow... Possible downside to 27.50, then 26.00...

Jim



To: majormember who wrote (1983)11/6/1998 3:27:00 PM
From: Walter High  Read Replies (1) | Respond to of 43080
 
Skane,

Well, let us know; did you go ahead and short ADAC like you were thinking? Inquiring minds want to know. For your sake, I hope you did. Good call.

Walter High


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