News Focus
News Focus
icon url

Zeev Hed

06/30/04 6:38 PM

#264063 RE: anon.10 #264059

lt, go to the same list and just try and get 5% to 10% discounts from recent highs, the "good ones" have all made new high (PII just joined the club today), going after stocks that are in down channels is dangerous, particularly if you are planning to buy and hold for a period of few weeks. JCOM seems to be ready to break out as well, so you may want to add it to your screen. Some that have not moved much from their base are LSCP, BLTI and CELL, the first has a good chance of going from $27 or so to $36 over the next few months, the other two, like BSTE may have to base. BSTE recently made a new recovery high and is now basing roughly in the $44 to $46 area, if you can get it near $44, you should do fine, just make sure you use stops since the fortunes of specific stocks, just ike the fortunes of the market, change in time. Just make yourself a list of some 10, at least stocks yo ike, and slowly deploy into them. Don't chase them. Eventually I think that even those that made recent highs here will once more come down a good 5% to 10% before they obey the law NHBNH.
icon url

Zeev Hed

06/30/04 10:03 PM

#264106 RE: anon.10 #264059

Lana, a more risky situation you may chose is a "buy on stop" of LCAV at $30 (or buy on a retrench in the $28.5 to $29.5 area) with a stop at $27.10. If $30 is taken, I can see that one making a very fast run to $35/$37. That one is becoming nicely coiled with OBV ascending slowly.