Short PERY?

[a70coupe]

New at all this so bear with me...looking at stocks and such...was wondering what people thought about this one

PERY

Is this a good short opportunity?

[a70coupe]

http://stockcharts.com/h-sc/ui?s=PERY&p=D&b=5&g=0&id=p71345276229

[Svenwulf]

disclaimer: i am unfamiliar with this stock. also not a good TA guy. answering only for my own critical thinking gratification.

first some rhetorical questions: how did this stock come on your radar? what would be your trade objectives (ie, target in, target out, and max pain- good to express for your own mental risk/ reward calculation) what is the catalyst that will drive your price projection? what is the company's back story (to prepare for unseen events) also, who is in the stock with you (speculators, institutions, value hunters all have different market reactions)

all that said, i assume you want to fade a pull back off the 52 week high, and generally this is not good for more than a few dimes. the chart looks like its coming off a triple bottom and this looks like a weigh station on another leg up. jmo, but looks more up than down. good luck!

[Svenwulf]

did you mess with this coupe? at the risk of sounding the braggart.. not too shabby for someone just blowing smoke.

from yahoo:
date open high low close
25-Oct-06 35.71 36.70 35.51 36.50
24-Oct-06 34.88 35.83 34.86 35.62
23-Oct-06 35.09 35.62 34.79 35.04
20-Oct-06 34.90 35.61 34.44 35.28
19-Oct-06 34.13 35.35 33.94 34.81
18-Oct-06 35.03 35.11 33.90 34.30
17-Oct-06 34.88 35.09 33.99 34.93
16-Oct-06 34.01 34.96 33.75 34.75
13-Oct-06 33.74 34.24 33.57 34.12
12-Oct-06 32.99 33.90 32.99 33.90

or better yet:

25-Oct-06Price hit new 52-week high ($36.70)
24-Oct-06Price hit new 52-week high ($35.83)
23-Oct-06Price hit new 52-week high ($35.62)
20-Oct-06Price hit new 52-week high ($35.61)
19-Oct-06Price hit new 52-week high ($35.35)
18-Oct-06Price hit new 52-week high ($35.11)
17-Oct-06Price hit new 52-week high ($35.09)
16-Oct-06Price hit new 52-week high ($34.96)
13-Oct-06Price hit new 52-week high ($34.24)
12-Oct-06Price hit new 52-week high ($33.90)

disclaimer: still no postition in or real knowledge of PERY. good luck all!

[a70coupe]

you called it perfect.....nice goin! Still learning I am. Ty