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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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From: rchlrvn	2/24/2005 12:05:43 PM
	Read Replies (1) of 8752

FWHT====Reid, Terry, others..... FWHT's blown quarter has been greeted with 10X+ volume as institutions hit the door. It's 10.65, down 2.80 as I write, off 10.15 low. Selling might be overreaction, which is not unheard of. Kind of thing I've played on rebound a few times with some success. But entry is tricky when faced with such massive selling. Might time short-term stochastics right and get a small move. But if you were looking to play rebound, what would you base entry on and where? Is momentum likely to carry it lower? And what kind of move could be expected? TIA==

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