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Strategies & Market Trends : CANSLIM - COAST TO COAST

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To: RICHARD STURM who wrote (2676)11/13/1997 10:48:00 PM
From: Bruce A. Brotnov  Read Replies (1) of 6445
 
Richard, remember when the market goes down 157 it is even easier for people to "sell on the news" which I think is what happened. There could be some fear of competition, but I suspect that profits were locked in from recent gains in light of the plunge yesterday. Most of the gains today came in the last hour. Candlestick looks like it bottomed, but I had to buy back in anyway today at the opening bell. The next est is .50, wonder if they can beat it by 45%? <G>

Bruce
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