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

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To: ~digs who wrote (14)8/7/2001 8:29:17 PM
From: Bocor  Read Replies (1) of 130
 
Will there be a DCB on PLMD? No doubt, but when there is that much smoke, accompanied by that much down volume, the destruction becomes so deadly, that the bounces are only tools for further exits IMO. What institution wants this smelly fish in their portfolio? And then there is tax loss selling which will be hitting before you know it.I wouldn't touch PLMD here, although if you can trade it right you can make a killing.Got some AVNT on that recent bludgeoning, and have done well with that one.

I prefer to stay on the same side as the feds....seems to work better that way, lol

Actually, PLMD is probably a good short on any reasonable bounces for the forseeable future.
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