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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: Dave Gore who wrote (1981)2/4/1999 1:44:00 AM
From: StkProfit$   Respond to of 52051
 
SYCD ****Ten day chart analysis.

Buying has been on relatively low volume on the skips and hops above 1/2 and lows dropping to 5/16,,,,,however, Wednesdays strong volume and price action up until close AND the fact that the bid/ask is 3/8 / .38 tells me this thing will be strong on Thursday, with a possible gap on open.

I've got an order in for 25/64 to try and ensure a fill, yet not get caught in a gap play via a market order. I like Dave's analysis on this one, so that's why I'm willing to pay the premium (.39) to try & get a fill on open.

This is a new strategy for me under rare circumstances, so we'll see how it goes,,,and see whether I have another lesson to learn.
IF any MM reads this before open,,,"Good morning MM, please give me a fill or I won't buy it today!" (NOT that I'm paranoid from working in the intelligence field or anything) :-))

Regards All!
-Mark