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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: Dr. Stoxx who wrote (3435)3/30/1999 2:51:00 PM
From: Jack Ucci  Respond to of 39683
 
Thomas,

I got in NEON at 59.5. Its rise is stalling today in the 62-62.5 area. Any revised ST target in light of its trading in the past few days? The NEON thread refers to a large short position on the stock as cause for its tumble from 77 ten trading days ago. Looks as if it can go to 70 if it can get through 65,

Jack



To: Dr. Stoxx who wrote (3435)3/30/1999 4:00:00 PM
From: Jack Ucci  Read Replies (1) | Respond to of 39683
 
Late trading in NEON today answers my concerns about it: movement is definitely positive toward the close, reaching 63.875 with minutes to go. Maybe tomorrow will open with a surge above 64.

Jack