JDN --- Last week was a sick time for the sector. PTUS really got kicked. I never saw earning such as these before..... 174% !!!! Then the price falls. Others were in the same boat -- KEA ,, great earnings plus a split announced and it falls,,, IMRS drops like a lead balloon,, ALYD to new lows for no reason --- even through it's resistance point. The MONK says to hold is correct,,, and that is a good reason -- but the Monk and I share a rule,,, "down 20% -- sell, and don't look back". I will soon see the 20% mark on PTUS if a change of direction does not start soon. I hope the 9/30 earnings make a difference as numbers that show a company (MSFT included) walks on water at this time made no difference,,,,
Have Faith
John |
