The Hampton Letter
 

 
A place for investors to swap investment thoughts.
 
 
   
 
Saturday, May 10, 2003
 
Do not buy Nxtl unless it breaks above fifteen with conviction! For last six months or so, you could have bought at $12 and sold at $14 several times for a tidy profit. It has been in a 'trapped' pattern all that time. It tried to break-out recently (late April) and then pulled back. The pull back was on heavy volume not like a healthy handle. Pullbacks on light volume are very good signs and excellent buy signals. Pull backs on heavy volume are worrisome at best and often signal a down leg.

Friday, May 09, 2003
 
Any thoughts on Nextel (NXTL)? I think they are going to be able to have walkie-talkie capabilities across the nation this year. Short term the stock may slide a little looking at the charts.

Wednesday, May 07, 2003
 
Good choice there Andy. I was actually thinking about E-Trade myself. It has a terrific break out pattern and even got a good word in the Worden Report the other day.
 
I got into e-trade recently at 5.6 (end of last week). I think they will be a good pick when the markets take off. I will see what happens by this fall with it.

Tuesday, May 06, 2003
 
ECP (Canterberry) had huge volume today and a doji star candle formation. While it could very well go much higher the better part of valor is to take my 93% profit and go home. I put in a sell order at the market for tomorrow morning.

Sunday, May 04, 2003
 
If any one has been following it, my recommendation from last fall for Canterberry Park Holding Corp. (ECP) has quietly moved from $9 to over $17. Move your stop up to about $15 and see if it will go even higher. A few more cents - and we will have a double.

 

 
   
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