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


To: Trader J who wrote (9960)2/25/1999 11:58:00 AM
From: LakesideTrader  Read Replies (2) | Respond to of 56532
 
What are you looking for as an entry in BKS?



To: Trader J who wrote (9960)2/25/1999 12:55:00 PM
From: R L  Read Replies (1) | Respond to of 56532
 
Trader J,
Seeing that ONSL is on your list let me just add that I have been daytrading this one for the last month or so and having paid close attention to it go up and back down I really feel it may have bottomed out close to 30 and be on the move back up. The volume has been higher than usual the last few days as it gained strength and the fact that it's holding up today looks good. My totally amateur opinion is that any buy around 36 (or whatever today's lows are)will give you a good short term trade. I'll continue to take advantage of the intraday opportunities it offers but fundamentally and technically I'm more inclined to hang on to some for awhile and see how it goes. FWIW from someone who just happened to have been looking in that direction lately.
Regards,
RL