Dave Gore's Trades That Make Sense Message Board

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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: Dave Gore who started this subject	8/2/2002 7:57:54 PM
From: Prophet	Read Replies (1) of 16631

The market is so oversold at this point, that you most likely get a bounce at the end of the day. Shorters are afraid to hold solid stocks overnight at this point. So play those. Also keep in mind that the Dow is still about 750 points above its lowest point of two weeks ago; so there is plenty to go down. Interesting enough, plays such as LOW, COST, HD, and WMT are already very close to the low point of two weeks ago. Therefore, those play will offer the best chances at the end of the day.

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