To: Thean who wrote (7537 ) 2/22/1999 10:46:00 PM From: Alski Read Replies (2) | Respond to of 14427
Thean, Geez, I'm just full of lousy advice: Dell, Megsinet, and SPNSF. You did make a few bucks flipping one of my picks a couple times a while back though didn't you? Which one was that, anyway? SPNSF did beat the market on a pretty strong day :) Here's some good advice for you though. Six weeks is too long for a cold or flu, even bouncing between family members. Ya'll have somethin' else (like sinus infections) and need to see a doc for some good meds, unless you've got other connections. Do you know any good pharmacists :) Sorry you missed CLST but I'm still liking SPNSF better. I liked CLST again back when it started to move in early Jan. but it's looking a bit overbought to me know. The rest of this lengthy post is me spewing off some of my new found TA knowledge. Let me know how full of it you think I am, but be nice :) I've been using longer term trend lines and don't like that CLST failed to break the downtrend thru the highs in 10/97 and 7/98 when it pulled back on 2/1/98. It's got a nice accelerating uptrend right now but the weekly and daily stochs are already over bought. It could run up strong here a bit more, if it's overbought there's little supply to fed any demand there might be, but I won't be surprised if it pulls back after making a lower high on that downtrend thru the highs on 7/21/98 and 2/1/99, a bit under 13, and then continues it's downtrend. Still, 11 to high 12s would have been a pretty good scalp! SPNSF, on the other hand, looks over sold but recovering in the stochs and MACD. The thin volume is troublesome, but if it breaks over the downtrend thru the 1/20 and 1/27 highs, with some volume, we could be looking at a really big runner. You wouldn't believe my target if I told you (I don't believe it myself) but it is I in a pattern that could lead to completing a cup and handle formation with the '93 high. (See, I told you you wouldn't believe it.) Still, it doesn't have to go that high to be big winner. The thin volume could show more improvement tomorrow, Doug R posted that he got in this afternoon and he's getting quite a following now. The volume today was almost double the average. Geez, I wish I had more dry powder! On EAII I'm having a bear of a time picking out that broken support you see at 48. It's a good trader with high volatility and looks a bit oversold to me. I think it might just be resting a bit from that big swing last Thursday before taking off again. I wouldn't give up on it unless it breaks below the uptrend thru the lows on 12/2 and 2/18. So, how'd I do? Alski