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Strategies & Market Trends : Ask DrBob

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To: heehee1 who wrote (23744)2/15/2001 5:03:32 PM
From: jacin  Read Replies (1) of 100058
 
HeeHee, in my opinion the Large Institutions and Hedge Funds new of NT's problem long before the last half hour of today's trading day. Back on 1/31/01 NT hit an intra day high of 40.5. Including that day 9 out of the next 12 trading days were down for a drop of 25% in NT's stock value. Many times I have said that the chart action of a stock will be representative of forthcoming news whether it be good or bad. I know others might disagree but the Charts do not lie and here is yet another case to substantiate my claim. Trade safe Please.
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