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Strategies & Market Trends : CANSLIM - COAST TO COAST -- Ignore unavailable to you. Want to Upgrade?


To: Harold who wrote (4419)3/5/1999 1:10:00 PM
From: Bruce A. Brotnov  Read Replies (1) | Respond to of 6445
 
Harold, EGAM must have run up by strength of momentum players and now they have pretty well sold off. First support is at $3 (already hit today)as there is a little support along with 50 DMA also at $3. Much stronger support at $2 3/4 but I am thinking $3 just might hold here. It needs to go sideways for a day or two but I think it looks more like a buy point than a sell point. I tried to add some at 3 1/8 but was already maxed out. I have to sell something before I get back in.

Your SPNSF looks good Harold as it is close to breaking though 10 13/16 and not a bad looking buy at 10 7/8 - if you believe the market can stay above 9400. <G>

Bruce



To: Harold who wrote (4419)3/5/1999 5:14:00 PM
From: katy hohmann  Respond to of 6445
 
Harold, I agree with Bruce, the mo mos did it! I had a much better day than yesterday. I bought a small amount of CMGI this morning and already owned DCLK and they both did well. I sold KELL--had terrific earnings, but has done nothing--I guess you really do a lot better with stocks in the hot sectors. Except EGAM--well, I guess it will have to move up slowly on its own merits like SALT (time for that one to move again), APCO (sold). Sure is more fun when they go up quickly. Katy