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Strategies & Market Trends : Trend Setters and Range Riders
MSFT 485.92+0.4%Dec 19 9:30 AM EST

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To: backman who wrote (20409)7/12/2002 5:07:05 AM
From: lee kramer  Read Replies (1) of 26752
 
Hi Backman: I agree with you about the "gold mania" you mentioned. Looking again at HGMCY. After a run from 13.50 to 17.22 in 5 trading days, a 27% move...the stock yesterday, Thursday, put in an outside-day, downside with a close near the low. This suggests that the prior run is [temporarily] over and the next move will be down. You might consider a short on any early strength in HGMCY today. Just a thought, a possible trading idea. If you send your e-mail address to me, leekramer@rcn.com I'll send something you might find interesting...Lee
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