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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Wallace Rivers who wrote (54626)8/4/1999 4:33:00 PM
From: David Harker  Read Replies (1) of 120523
 
SWS - re-entry? don't.

I'm a lurker here, but saw your post.
This stock is tanking, and hasn't even begun to level out yet,
let alone go back up. Speaking from painful personal experience,
I can say you don't buy that kind of stock. If you want to get
to the top of the building, you don't get in an elevator which
is going down!

It could go back to 17-18 where it was before the big breakout
began, you need to wait til it levels out, then starts to curl
back up. I.e., like it was from Aug-Dec '98 on this chart:

askresearch.com
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