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Strategies & Market Trends : Aardvark Adventures
DAVE 218.19+2.4%Nov 28 12:59 PM EST

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To: jmiller099 who wrote (695)10/13/2004 7:10:21 PM
From: ~digs   of 7944
 
UTSI ... I used to like this stock given its China connection, and though the insider buying is encouraging, that big gap-down back in July is enough for me to stay away from any swing trade in this stock for quite some time ... you just never know when it might begin to completely unravel ... and the volume associated with that selloff indicates to me that it's not entirely out of the question

combine that w/ the fact that all the major indices had another big red volume stick for today... and there is sufficient cause to stay away from the vast majority of telco issues

that tradermike blog is a good one ... I once confused him w/ the tradermike here on SI ... eventually I learned that they are not the same person... lol

thx for the idea... i will be watching regardless of my stated opinion
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