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I'll admit that BBY (Best Buys) is on a slight uptrend, but is the PE
*really* 331? Wheeew!
I've made money on other retailers. PSUN and PAUH have been
favorites. I currently have a position in TUES. I channel trade
these. It seems to help that I have absolutely no interest in what
they sell. Sometimes you can know *too much* about a business.
(I *know* they have a *great product*! How can the &%$# stock go
DOWN?)
On Wed, 30 Apr 97 21:16:21 UT, you wrote:
>Guy,
> Thanks for the list of breakouts. Actually, when I jump into CSCO
>tomorrow, I'll be maxed out until I close a position. It's time to sit and
>hopefully watch the market move up <G>. I now have positions in ASND, BSC,
>COMS, IOM, JAWWX, OH, and LEAPS on BBY and MU.
> I think ASND will blow right through the 50 resistance to fill the March
>gap down. If I was forced to make a real short term target, I'd go with 55.
>However, I'm holding out for 80 <G>.
>Jim
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