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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: melinda abplanalp who wrote (2464)12/23/1998 12:08:00 PM
From: Buddy Smellgood  Read Replies (2) | Respond to of 56535
 
Melinda, shrp:

I've been following shrp for a couple of months. They are positioning themselves as an internet stock. I expect them to continue announcing partnerships with websites.
I think there is support at 16 for today given the nasdaq being up.

I sold at 16, bought back at 15 3/16 and am now waiting to see what it does toward close.

Good luck,

Buddy



To: melinda abplanalp who wrote (2464)12/23/1998 10:13:00 PM
From: Hands Off  Respond to of 56535
 
Melinda - Not sure about SHRP and the gap

If you look at the chart bigcharts.com it looks like it gapped in the morning but did not hold the gap until 10:00 which, according to Pristine is the cut off. Compare to the chart for
lucent bigcharts.com
which held the gap before 10:00 and then continued up with a head fake around 11:00. What is your interpretation?

Marshall


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