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Strategies & Market Trends : Overnight Markets & News

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To: GROUND ZERO™ who wrote (166)11/28/1997 2:57:00 PM
From: Cage Rattler  Read Replies (2) of 233
 
GZ:

Agree it's a flatline risk; don't need heart arrhythmias.

Regardless, I wager you there is a lot of money to be made in the right position. I hate to generalize but everytime I read glowing reports such as we see here, the stock stalls -- volume falls -- the stock sinks to a "higher level," about 10% below the peak, and then drops as a function of overall market conditions.

Nothing, nothing at all has changed on ENMD fundimentals and public awareness is yesterday's stale insider info.

Oh well. I'll sit this one out.

Ciao, Ted
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