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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Larry S. who wrote (52916)3/30/2005 6:56:25 AM
From: Ron McKinnon  Read Replies (1) of 53068
 
>>> that guy couldn't have been that good

guess it all depends on how the market views the status of the NCR turnaround and what they have for a "2nd string"

a $800mm market tank does seem excessive

I ended up in for a modest position at avg of 32.11

would think this may give some decent scalp trades to take off some profit and thus lower the average cost then hold some for a while

a possibility might be downside to 28-30 and upside to 34-36 over the short term but I do think over the next 1-2 weeks there will be a decent % bounce
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