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Strategies & Market Trends : Lessons:"How to" properly exploit Price DROPS, in stocks

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To: David Johnson who wrote (455)2/23/1998 4:04:00 PM
From: Jim Goodman  Read Replies (1) of 660
 
hi, Dave, Kevin.... a) ORBI., I appreciated your idea, but still need to see better top form, technically, and still watching, but not in....ideally, would like to see better formation first, but it is overpriced, as you intimated.... b) as you know, I did give out, WWY at 80+ little top, and fell, to its 200 dma support around 74., so now, too late, and off list....of course, when/if it rises back up and forms another top, will view it again.... c) CAH ? well, as you know, took a quick, small loss in their Puts when aborted top pattern above 78., never broke 70. much....now, no opinion, but may be a "domed house" formation, but unsure here, so, sorry, nothing definitive....
hope this helps, thanks....
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