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

To: the options strategist who wrote (3746)	5/5/1999 10:46:00 PM
From: Caroline	Respond to of 39683

Great job with the link! IMO -- and I defer to TC -- SEEK is not a BTTT trade. HOWEVER, it's a darn good trade for other reasons. It's down over 50% and Merrill Lynch is openly supporting it. In fact, it was the only net I follow that was up while the others were down today. I believe SEEK is a safe long here. timely.com Now, while it's not a stock that is trending up and just happened to correct to a mean average along the way, it IS a stock that almost fits that criteria. Just that the correction is too much. But the support is beautiful at 200 days -- and tested twice. Good choice for a long. Caroline