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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Chris who wrote (1396)6/1/1997 5:26:00 PM
From: TradeOfTheDay   of 42787
 
Chris,
The explanation fits. RACE will probably be in a downtrend until news is released. I think the general market consensus is that its a buy below 14, but it continues to stall at 15 - there is no real desire to pay above this. Without news it will do what its done in the past - drift downwards - as does virtually any stock. RACE is no different .
The various gaps, interpreted by various people between 17 - 20, will have to be reckoned with - there are large amounts of shares that were bought at these levels and people will want to get out after a very lengthy time held.

Good to see you posting again... was a little worried.

Bev
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