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: ok1day who wrote (47849)	12/19/1999 10:19:00 PM
From: stan s.	Read Replies (3) of 108040

Hi Ossnat, KIDE? Is it a coincidence that you always seem to show up when I'm about to lose my cool (as if I had any). <g> Okay...still a falling knife but a couple of things to watch. It's trading right around (within a point or so) one of it's important breakout points of mid September. A slight breech to the downside but some support is offered here (not much and it technically has broken under). In addition you have a bullish harami on Friday's close...but it's not very convincing. It's still dangerous. The inability to hold that 2nd stool leg we talked about at 42 1/2 was the signal for this further decline. It's oversold, any upward move will trigger some momo buy signals but I would want a few points up on great volume before I would think about entering. Does this stock have life after Xmas?? I never got caught up in the craze so I honestly don't know. My take on this is caution, being oversold with one nice candle pattern does not a reversal make. Best. Stan

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