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Strategies & Market Trends : Tragically Hip Koolaid Stand

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To: globestocks who wrote (80)11/14/2000 6:25:43 PM
From: Oral Roberts  Read Replies (1) of 604
 
Just taking a quick glance at the chart without knowing anything about the company I have to congratulate you. That is damn near the ugliest chart I've ever seen!

Now that I am through kidding you, that chart is really the worst I've seen. I would not be surprised to see it go to 0 or for it to have a bankruptcy on the horizon. I mean there is no support left, it blew that out about 20 dollars ago.

If you are looking to buy my advice would be to wait for it to show some kind of bottom. It seemed to pull the ripcord at 23 and caught an updraft to 27 range, but the chute had a tear in it. All kidding aside I wouldn't touch it IMHO.

Jeff Roberts
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