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Strategies & Market Trends : Dave Gore's Trades That Make Sense
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To: Knight who wrote (9457)7/12/2002 10:21:04 AM
From: Dave Gore  Read Replies (1) of 16631
 
Vickie, isn't it way too late? The nice little rally off the panic low is over. That said, it could go lower, don't you think since valuation matters again? They are expected to only breakeven next year.

I know in the past stocks like AMD have rallied suddenly very strongly, so it bears watching. That said, it seems more prudent to trade more fundamentally sound stocks like ZRAN at $14.50 when they temporarily tank it with a phony sell rating, doesn't it?
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