Longs-
ASTM--may be a buyable dip if it stays above 3
DCAI--could be a buyable dip above 20 with a stop at 19.5
MDTL--perhaps a buyable pullback at 20 with a stop at 19
Shorts-
ALGN--might take another poke at it if it stays below 8.85
RHAT--downtrend, rising to resistance at 11.3 or so, might be shortable below that
Rollers--
COBZ--buy at 20, sell at 22, lather, rinse, repeat
SU--buy at 32, sell at 35.5, lrr
caveat--I see these last two charts, rolling gently between support and resistance, and figure that when I see the pattern and finally decide to get on the train, then the support won't hold and/or resistance will crack. YMMV.
UPDATE--if you're new to my blog, welcome. Check out my other thoughts here. For some twisted comedy, check this out. Hope to see you again. Email me at harryjaloti@hotmail.com
Thursday, January 27, 2005
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