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KastelCo

06/17/04 12:36 PM

#9886 RE: KastelCo #9885

That's alot of wheat @ .41...
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Sexton O Blake

06/17/04 12:48 PM

#9887 RE: KastelCo #9885

CUX and Capstone may my break by bones.. but spikes can always kill you..

CUX - I am late yes. The first move at around $3 was better than $3.40.
I bet on catching a down spike though first. May never happen though.. yes? no? May continue down? I was buying CPST when flat then down - but as we saw it continued to around $1.45. A better buy was a bounce off that and then losing perhaps 20-30 cents - but confident it was sound. Then it hit $3.52 and fell back from there.

CPST - Nice move up - resistance still for me is around $2.18. But I would like it to cross the 200DMA to confirm the uptrend - which is at $2.23 today (your resistance too). Personally I am 100% happy with dumping - I should have dumped earlier; but I can always improve.


VTIV - Again.. define a down spike? They are small - but happen during the day. The daily moves are so strong - will the next big down day, I buy, be the day it continues down?

Definitely feel like Tuko - "If you are going to shoot.. SHOOT! Don't talk."

Two angles one can go with ...

A) Buy on a dip - more inclined to do that I suppose if I have the time to watch it and/or already hold a core position, know about the stock and am confident it is a blip.

If MSFT dipped to $22 I would buy. Even it if it goes down to $15 I know they have a "few billion" in CASH and won't go bankrupt.

B) Buy going up - the direction is right - not buying on weakness.

Place and time for both. I WANT CPST to hit $2.23 before I buy. I want CUX to show signs of life before I buy (I was late, my gamble).