Stocks with 'Dead Cat Bounce' potential Message Board

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Strategies & Market Trends : Stocks with 'Dead Cat Bounce' potential

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To: ~digs who wrote (6)	8/5/2001 8:43:22 PM
From: ~digs	Read Replies (1) of 130

PRX weekly: stockcharts.com[h,a]whclyimy[pc40!c5!d20,2][vc60][iUk34,1,1!La12,26,9!Ll14] This chart reminds me FRNT. Any bad news for this stock and it will come crashing back down. Apparently they have a generic prozac that is going to be made available over-the-counter (?). I'm not sure, would need to dig further. The story behind this stock is most likely very positive and that is to be expected given the above chart's characteristics. As a trader looking to profit on the inevitable trend reversal one might consider the potential 'sell on news' effect. I cannot say for certain as to where the best entry might be, but the reversal on this one will most likely be dramatic. Current read would be to short at will above 40 ... with a stop above the all time high = 42.20 If stopped out look to reshort near 45 <shrug> Just thinking out loud here... this stock is very overbot.

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