Stock Attack II - A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Lee Lichterman III who wrote (32218)	3/14/2002 8:08:47 AM
From: Terry Whitman	Read Replies (2) of 52237

Just take a look at that volume yesterday. That's a capitulation spike if I ever saw one- 240 million shares. When the RSI hits 20, I'll be standing in line to buy some shares. askresearch.com Check out the rising tops on the volume as the price has floundered. This one sticks way out. I think it'll be alot like SBC. It hit a marginal new low, shook out the weak holders, and now it's in the black. As for their business forecast- I doubt that they can predict the future any better than you or I. It's always the worst and doesn't look to get any better at the bottom. By definition. Now it could still be too early- It definitely was when I bought some on friday, but what are the odds that there will be an even higher volume sell off? That would be a 400 million share day.. I'm not gonna mortgage the house or anything, but hey, the time to buy is when everyone calls you a fool for even looking at it. <g> Regards, TW

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