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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: John T. Hardee who wrote ()10/7/1997 2:45:00 PM
From: LastShadow   of 120523
 
SLUG - STRR

It has tanked back down to 2 now and I expect the selloff to continue before it stabilizes. If another run up occurs, it would need to be on more news similar to the first. However, after I sold I put this one on the intraday watch lists, where I think it will be best to trade it until the volume dies off. However, I don't expect the bounce today as once a ticker drops below its open price, its not likely to go up appreciably that day. If the last half hour of trading is up with rising lower resistance, I may renter.

lastshadow
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