Trend Setters and Range Riders Message Board

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Strategies & Market Trends : Trend Setters and Range Riders

MSFT 459.87

+0.7%

Jan 16 3:59 PM EST

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To: Jorj X Mckie who wrote (20000)	7/3/2002 12:38:32 PM
From: Dave Gore	of 26752

UP TO 400% MOVES IN O.D.O.D. STOCKS ----- FDX (from $47 to $52); EDS from $27.50 to $31.50; PLCM (from $7.15 to $10.15); and of course, WCOME (from 7 cents to 28 cents). Most of these moves were in 24 hours this week! 24 hours. Get the idea? Overdone Disaster Of the Day (ODOD) O.D.O.D. stocks are perhaps the best of all to play for a trade. In this skittish market, things get so easily done to the downside. Therefore further downside is less leily. T/A is not as important or as trustworthy in this Market as psychology and taking advantage of emotional overreations. That's my take, but to each his own.

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