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Strategies & Market Trends : CYTC - How High Can It Go! -- Ignore unavailable to you. Want to Upgrade?

To: Mike who wrote (142)	12/31/1998 9:56:00 AM
From: Gator II	Read Replies (1) \| Respond to of 185

With my limited knowledge (and lesser adherence except for timing) of TA, I would guess we pretty much have blue sky ahead with CYTC. Here's hoping the momentum players jump in before I bail out. My fundamental sense is while everything looks like clear sailing ahead, we may have come a little too far, too fast and a trading range may develop for a while before we eventually break out to the upside. This is assuming, of course, we show great top line growth and possibly even show a profit this quarter. Re the earnings, they may represent the classic sell on the news opportunity for at least a portion of my position. How about yours? As you can tell, I'm a little confused about exactly what to do right here and from past experience, during an updraft to the degree we have been enjoying with CYTC lately, when I sell it is usually premature. Bottom line, I plan to hang in and maybe sell a portion of my CYTC shares on a pop, if and when one occurs in the near term.