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Strategies & Market Trends : The Dead Cat Bounce Theory

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To: stockvalinvestor who wrote (14)3/18/1997 8:33:00 PM
From: stockvalinvestor   of 1836
 
Sorry for the delay but here is summary of OVRL today. Opened sharply higher
then at close we closed at same bid as ask yesterday. So no net gain or
loss today except for 20.00 for trade commisions.

DEAD CAT BOUNCE THEORY (2 DAYS) 12,868.00 + 28.68%
DOW JONES 6,896.56 - .5%
NASDAQ 1,269.34 - 2%

Tomorrow's stock pick is TEXP with closing ask of 8 7/8. We will purchase
12,868.00 worth of the stock. Should be interesting especially with
market tomorrow
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