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Non-Tech : Sunglass Hut RAYS- Will it ever breakout?
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To: marc chatman who wrote (791)3/6/1998 11:05:00 PM
From: Street Walker  Read Replies (1) of 971
 
RAYS can't sustain support at this level.

investools.com

Whenever RAYS has a strong run up and hits near this price,
it tanks. It couldn't even break this strong ceiling today
with the upgrade. The same up spike occured back in August and October.

I believe it will retrace. History seems to repeat itself on this stock.

Given this, I shorted.

S.W.
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