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


To: Canuck Dave who wrote (10456)3/2/1999 4:38:00 PM
From: Trader J  Read Replies (2) | Respond to of 56535
 
CD: DRIV - 33 is definitely not the bottom. Just recently it touched the 27 range. But I love the movements of this issue. Is still a first tier company, with a lot of hype surrounding it, a good following and dramatic intraday swings. Not to mention that is a good AM gapper.

I don't think this weakness will continue much longer, but it is ok by me if it does....I am really like some of the intermediate bargains out there.

Still waiting on my DELL for a split play. CPQ has dropped nearly 18 points. FORE way off its highs. Would like to see March be a good month before heading into April, but Interest rate worries may be a problem.

Tj