Cents and Sensibility - Kimberly and Friends' Consortium Message Board

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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: $Mogul who wrote (36791)	12/2/1999 4:15:00 AM
From: ciVic	Read Replies (1) of 108040

$mogul - ok buddy I have been thinking about this ALL day this is what I have decided. KOREA..the stock is on everyone's mind. I agree it should be $$$ soon - so...saying that this is what I think. I am thinking of puttin a stop at 49.5 (just under support level). if it breaks through that then we are falling to low 40's. BUT - IMO I think KOREA will hang out in the 50's for one more day. What ppl don't realize is that #1 this is an IPO - it can do ANTYHING #2 comparative stocks puts it to the 100's #3 yes the candlestick shows an engulfing bearish top today - BUT have a look at the VOLUME. the volume is WAY down compared to yesterday. low volume on a red tick is bullish to me. so..korea diped on 1/2 volume of previous day. #4 - and IMO this is big...when KOREA ran to 60's..LEHM was selling it ALL DAY (trying to drive it down to get cheap shares) today LEHM was BUYING ALL DAY - BUYING THE CHEAP SHARES THEY WANTED!!!!! LEHM was on the BID ALL DAY!!! I watched it. seems to me this baby is gettin primed for a nice 20 PT run soon - maybe we head to 55 - 57 tomorrow...then gap and run to 80$ on friday? hmmm..now I'm just thinking out loud. would be nice tho, eh? I dunno just seems everyone is "down" on korea - and the market does the opposite of the "crowd" - I hope korea has a little surprise for us this week... just MY thoughts - NOT yours... ciV

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