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Strategies & Market Trends : The Amateur Traders Corner

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To: DrVee who wrote (5328)	1/16/2001 9:10:05 PM
From: Tom Hua	Read Replies (1) of 19633

DV, for the past week, traders/investors have been getting back into small cap low priced issues that were beaten down last year but were one time high flyers. Many have more than doubled in a week. I think that's what's happening with NAVI. If/when it hits $6 which may come tomorrow, I'll bid farewell to the stock. After tonight's earnings, I think the bulls are in control. But it's only the first quarter, not even half time. I'll see how things shake out after tomorrow night's reports. If we have a repeat of tonight, I'll start punting some of my shorts on Thursday. Regards, Tom

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