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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: bazan who wrote (4790)1/14/1998 11:46:00 AM
From: Chris   of 42787
 
miguel

nothing against jan_mike. but i think if your TA can get "spot it", then there is no reason to call for manipulation or pointing fingers.. the responisibilty is yours..

Subject: The Rational Analyst

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To: Rainier Trinidad (192 )
From: jan_mike Wednesday, Jan 14 1998 6:43AM EST
Reply # of 194

Don't want to rain on your indicators, but Radica got hit by the big time pro shorters. If somebody can predict where Fahnstock etc. will show up every week, they'll make a fortune sharing it. On the other hand, they probably look for the same things us little guys do, so maybe it works after all. Radica had a trailing p/e of 10 and a forward est. p/e of 5 before it got hit, so the Radica faithfull (especially me) are looking to load up. Doug R. is calling it near the bottom now. It might be a good quick bounce for short term traders. If it had gotten to 19 where you guys wanted to to go before shorting, you would have made a whole year in one week! I hope some of the little guys made some money on the process, and make twice as much on the bounce back!
Good investing,
Mike
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