(ClearStation) Recommendation : BSYS (Short) by kensey , Sat Jan 12

Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: ClearBot@clearmail2.etrade.com@ENRON
X-To: kensey_subscriber@mailman.enron.com;
X-cc:
X-bcc:
X-Folder: \ExMerge - Lewis, Andrew H.\Deleted Items
X-Origin: LEWIS-A
X-FileName: andy lewis 6-25-02.PST

===================================================

Recommend emails are a powerful way to get investment tips as they happen
from the ClearStation community. If you would like to UNSUBSCRIBE, go to
http://clearstation.etrade.com/doc/unsub_kensey.html

*NOTE : DO NOT reply to this email. Replies should be made within 'Discuss'
at the url given below.
+-+-+-+-+-+-+-+-+-
'kensey' has recommended BSYS (Short) at Jan 12 2002 1:08PM

Bisys Group ( NASDAQ : BSYS )
Computer - Services : 0 new highs in group of 59

Symbol Last Time Change High Low Volume
----- ---- ---- ----- ---- --- -----
BSYS 63.62 6:37PM -1.38 65.50 63.59 551,500

Community Take
--------------
17 Long / 1 Short

'kensey' said:
Sat Jan 12 09:51:41 2002

BSYS as a short candidate.

starting to waffle & drift. check it - the flatness and churn over the past few weeks at the current level. up followed by churn/flat/apathy/pathos/butt usually leads to a price break down.

but we'll see.

as with the GDW trade, position short here. BUT in regarding the resistance level be ready to go long on a break in that direction. often a position short bleeds into a position long. which can be the value of a blown short apparent. the level to watch is 66. setting itself up as major resistance. short sales should be only entered near or at that level.

the pivot has been established. it is at 66.

kensey
See the annotated graph of this recommendation at:

http://clearstation.etrade.com/cgi-bin/bbs?Cmd=post&post_id=2828222
+-+-+-+-+-+-+-+-+-
Recommend emails are a powerful way to get investment tips as they happen
from the ClearStation community. If you would like to UNSUBSCRIBE, go to
http://clearstation.etrade.com/doc/unsub_kensey.html

ClearStation is not an investment advisory service,
nor a registered investment advisor or broker-dealer and
does not purport to tell or suggest which securities
members should buy or sell for themselves. Members should
always check with their licensed financial advisor
and their tax advisor to determine the suitability of
any investment.
ClearStation, Inc. is a wholly-owned subsidiary of
E*TRADE Group, Inc. and an affiliate of E*TRADE
Securities, Inc. and E*TRADE Bank. E*TRADE Securities,
Inc. and E*TRADE Bank are wholly-owned subsidiaries of
E*TRADE Group, Inc. E*TRADE Bank deposits are insured up
to $100,000 by the FDIC. E*TRADE Bank and E*TRADE
Securities, Inc. are separate but affiliated companies.
E*TRADE brokerage accounts are maintained by E*TRADE
Securities, Inc. Products offered by E*TRADE Securities,
Inc. are not insured by the FDIC, are not deposits or
obligations of E*TRADE Bank, are subject to investment
risk, including possible loss of principal invested.
ClearStation is a registered trademark of ClearStation, Inc.
E*TRADE is a registered trademark of E*TRADE Securities,
Inc. Member NASD/SIPC.
Copyright © 2000. ClearStation, Inc. All rights reserved.