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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?


To: LANCE B who wrote (4041)2/2/1999 10:06:00 AM
From: Kimberly Lee  Read Replies (4) | Respond to of 11130
 
Good morning, guys
good point about celn
Sold most of NTXY at the open, 17 1/4 to 3/8
MXNT on fire, added more at 1 7/8
Took profit on some EDIG .25
ADOT heating up more
AWLD, TODY, slow but sustained and inexorable buying pressure
RPIX quiet yet, didn't gap up as I thought, but I am certain of a near termed target of $2 - more good news are coming
USSP, SDMT, IHTL quiet yet, but their days will come soon enough



To: LANCE B who wrote (4041)2/2/1999 4:18:00 PM
From: Norms  Read Replies (2) | Respond to of 11130
 
Got back into CELN at 1.06. My hunch is that financing will be announced before the end of the week as hinted by IR. With financing in place it is worth much more than 2.00.

I also bought more FNTN. It looks ready to pop. All sellers are being cleared out. News has been expected for a while. I remember fondly when it ran from here to 2.25 last year.

FNHC should move nicely as the CBS Marketwatch article sinks in. Online mortgages will be huge. I will use their site instead of my local mortgage company. Great affiliations too.

All in all - a great buying day.