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Strategies & Market Trends : APMP (formerly APM)

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To: Lazarus_Long who wrote (9613)1/5/1998 10:45:00 PM
From: Kathy Riley  Read Replies (1) of 13456
 
I plotted three year charts on disk drive makers. My hunch is
this is bottom. There are other sectors of the tech market that
chart wise are way better shorts. Stock hit the lows (or close to)
of July 96, same with SEG and a few others in disk market, and
bounced off. Box makers and many others have plenty of room
to fall if techs keep dropping. Why short something that is 75%
off its high? I love bottom fishing. So do institutions.
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