LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: Ira Player who wrote (16623)	7/7/1999 1:08:00 PM
From: Jeff Jordan	Read Replies (1) of 43080

Ira, You are more than welcome to express your views on any stock or market movement...that's why we're here. Welcome. I would only make a couple of points. One day doesn't make a market trend. And if today's action signaled a market reversal, which it isn't. Today is simply a little profit taking from the previous 600 pt gains of last week. I would point to the fact that CPQ is bucking todays market and that it just broke a key resistance level. This stock is clearly in recovery mode... The phrase; "I've fallen and can't get up". Doesn't apply here.... Jeff

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