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Strategies & Market Trends : games trader group

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To: John Paquet who wrote (147)10/7/1999 12:05:00 AM
From: John Paquet  Read Replies (1) of 507
 
GTR down she went to $3.70, soon $3.00. Those who bought $4.50 at Y's underwriting are losing money and losing big.

You see Y's second attempt to move this stock, but failed totally, indicating sell and sell quick, no waiting is necessary. Do not fight the tape. The trend is down soon I could buy at $1.50 then we are talking again.

Now GTR entails lots of risks. $1.75 loss risk, huge to say the least.

Dow still in correction of this bear DOW, I expect that Dow should not go higher than that 10,600. We shall see.

John Paquet
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