Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (38419)	9/18/2003 7:54:51 PM
From: pezz	Read Replies (3) of 74559

Well I couldn't find any news so as long as the drivers remain in place todays volume wuz consistent with the idea that this is a normal correction that a stock that has risen 7 fold in about 4 mos could have. I do not subscribe to the theory that a major decline without news means that somebody "knows" something. It's possible that we may see a weak opening tomorrow morning followed by a bit of a rally in the coming days as we are surely oversold. But often major damage to the chart such as this means a base that will need some time to work it's way through...Nonetheless if I weren't already overweighted here I would be a buyer... Thus at this time I do not intend to sell into any rally. ASTT wuz the only bright spot in a bad day.

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