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Strategies & Market Trends : WELCOME TO THE CATHOUSE
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To: ACAN who wrote (187)9/13/1999 3:51:00 PM
From: ivan solotaroff   of 1065
 
ICA/ZONA

Allan,

Had seen ZONA earlier today, and was waiting for the new low. Still not in.
ICA was new to me. Problem is, the gap was nowhere neaer 30%. Even when you go back to the Mexican meltdown in early '95, you see that this stock never lost more than 10% in any gap, though it lost 90% of its value in a series of lunges. It's a falling knife, not a cat.
ACTL ... I'll try to get to that by 4 pm. Still trying to figure out if today is profit-taking day for PETM.

Ivan
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