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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Kelvin Taylor who wrote (42460)	8/2/2002 3:55:17 PM
From: Joe Stocks	Read Replies (1) of 53068

>>TYC up to the HOTD @ 13. what is your stop??? <<< I added to my short and my average cost is now 12.70. I feel pretty good about this short especially after today's action. I raised my "mental" stop to just above $14.00. A closing of above 13.50 will have me re-evaluate. Today's action is tape painting IMO. Today's action is to create a feeling of security to draw retail ivestors in. I would be careful with a long. Why? Because the new CEO needs to clean house and he's getting points for yesterday's action. What comes next is fixing the books. The only way the CEO can look good and avoid mishaps in the future is fix the balance sheet soon. I expect before they sign-off on AUG 14th. Joe

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