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Strategies & Market Trends : Paint The Table

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To: Jorj X Mckie who wrote (21669)3/22/2002 2:30:28 PM
From: Original Mad Dog  Read Replies (1) of 23786
 
Message 17232458

It probably does have a little room to the downside, but not much IMO....though my view is based more on fundamentals than on the chart.

It broke down severely just about exactly two years ago, for pretty much the same reason (a very slight earnings miss)....went to 12 that first day, and the buying opportunity lasted only a few days or couple of weeks at most....

stockcharts.com[m,a]waclyyay[pb50!b200][vc60][iUb14!La12,26,9]&pref=G
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