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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Susan Saline who wrote (35272)	11/30/2001 5:35:15 PM
From: Sam Raven	Read Replies (1) of 53068

Oh Susan, I was close to joining you in ENE. When it as 1.25 I mentioned in the room that it looks good to me, "I mean how much lower can it go?" Well I didn't bite, mostly my fear of falling knives, actually almost anything below its 50 day moving average tends to be higher risk to me. ....So the next day at .40, I said gee, looks like it has support here, maybe it is good now. Jay came back and mentioned that is what I said the previous day. I told him that is why I wasn't going to buy it today....his point was well taken. I hardly looked at it today. Maybe you'll get a pop, but there are likely a lot of folks in the same boat..ready to bail. Good luck with it, Sam

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