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Strategies & Market Trends : The Dead Cat Bounce Theory

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To: Steve Borg who wrote (185)3/25/1997 2:04:00 PM
From: joseph schevenels   of 1836
 
Steve,Kenneth and all

I have been following this thread with great interest for a couple
of days,and while i believe that yes indeed a little brainwork can
be useful ,i am amazed with what i found out!
Although it is MUCH too early to tell if this is going to be a succes-
full strategy!

I live in Canada ,and trade canadian stocks most of the time,the big-
gest % loser on the Toronto Stock Exchange on last friday's close was
Inter tech drilling symbol IDL,closed at 1.01 ,today trading at 1.60!!
On friday it lost 37%.
The second biggest loser was IR closed at 1.80 down 28% now at 2.15.

This method is worth a second look!

Joe
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