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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: ACAN who wrote (29676)5/18/1999 12:10:00 PM
From: ivan solotaroff  Read Replies (1) | Respond to of 79183
 
SCUR

Rick,

You betcha. Great, timely catch. I'd thought of the three S's, SBTK or, more likely, SCIO was going to mewl today. SBTK broke out of the house yesterday, SCIO missed the Ol' Cat-Scratch's scythe by an eighth.
With the market's current volatility, I'm not studying no intraday plays. Let's see if this one isn't too extended from its bottom by 3:50, at which pointa relatively modest number of shares would be in order. Right now, with a bid of 11/16 it's already 13.5% off its low, and that's about half of a cat's average gain.
Again, great catch.

Ivan