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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (20179)	3/10/1999 9:54:00 AM
From: mattie	Respond to of 70325

Hi Harry, I was long CATP. I sold it a few weeks ago. My cost was about 28, I rode it to 32, where I thought it would break out, and then got stopped out as it hit 28 on the way down. I'll check it out again. NKE was upgraded by Montgomery on Monday after having it as a hold for almost 2 years. The analyst had some positive comments, and she has been good for the most part (not afraid of going against the crowd). That coupled with the chart led me to buy. She has a 65 price target. I usually don't take analyst reports at face value but in this case it looks like NKE has some momentum behind it.