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Strategies & Market Trends : Lizard King's Trading Swamp
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To: Joseph Beltran who wrote (2042)10/10/1997 7:14:00 PM
From: LzzrdKing   of 7396
 
Bottom fishing is risky, that was why I took the ACTM loss a few weeks ago and moved on. It's not always true that a chart breaking down signifies trouble, like MLHR, but you can rest assured that when bad news is coming, the privileged know well in advance. I am going to have to dig deeper to find out what the problem is, but any co. supposed to earn 40 cents+ this Q that is going to report a loss has some serious problems, regardless of how they want to sugarcoat it with the fact that 9 mil will be booked next Q.
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