Dave Gore's Trades That Make Sense Message Board

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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: Bruce A. Brotnov who wrote (9575)	7/17/2002 11:50:17 AM
From: Dave Gore	Read Replies (2) of 16631

Did anybody else buy ODOD* stock NOVN at $10? It's hanging around $11 deciding what to do, but still up off major support at $10 (actually it hit $9.83 as MM's took out stops and moved it right back up) *OVERSOLD DISASTER OF the DAY stocks I just can't over-emphasize how well these panic sold disaster stocks tend to work. In this fear-ridden market panic selling occurs fast and furious and sometimes offers great Reward/Risk. AMGN on Monday at $31+, now almost $37! FDX tanked to $47 and within 48 hours was $52-53 MHK yesterday came up 4 points off the LOD ESST was $12.50 intraday some time back. Last week ZRAN came back 4-5 points off its LOD Remember WCOM at 7 cents - went to 28 cents?

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