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Magal Security Systems Ltd. Message Board

  • TIPPY1Z TIPPY1Z Jul 27, 2001 11:40 AM Flag

    I'LL TAKE IT....

    This is one interesting stock ...text book
    according to the charts. I've established a
    trading position since it came off its highs (5.75)..and although the fundamentals should consider 7 to be fair value, I would expect momentum and unrest in the mid east to enable stock price to rise to previous highs.

    Now how is that for going out on a limb?

    Anyone else notice how the market establishes
    its lows early in the day and then works its
    way into positive numbers by noon? I love the
    great moves after 2 p.m....hope it repeats today.

 
MAGS
4.0916-0.0484(-1.17%)Jul 28 3:59 PMEDT