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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: DanZ who wrote (20703)9/16/1999 9:19:00 PM
From: Ron McKinnon  Read Replies (3) of 53068
 
Dan, just my country boy, eye ball, T/A read on GUMM

needs some news or event to cause it to break up through 14 on volume to get attention and run it
otherwise might drip, drip, down to 12.50, 12, or even 11 (which I doubt)

Larry, I'm pissed that you did not make me go back into AIRO today in the 16's; it's all your fault

Floyd report: lots of rain, some heavy wind gusts; getting off real easy

Sue, NITE may test us for a bit here; a break under 28 could cause some panic selling: I think I'll just sit but will buy if there is a major panic sell-off
estimates have been lowered but are still in the $1.50-1.70 range going forward
so we got a P/E of 16-20x's or lower; a reasonable hold I think

MYG still like it a lot for a 1-3 month hold

financials; FNM, FNV, CIT, HF look good to me

brokers soon but not yet

the DOW did a classic bounce of 10,600 support today; then everything ran
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