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Strategies & Market Trends : The Rational Analyst

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To: HeyRainier who wrote (595)	4/7/1998 11:03:00 PM
From: The Perfect Hedge	Read Replies (1) of 1720

[CKR]Rainier- This one won't quit.It has sold off huge!Today I watched the tape on it and for the first time I saw some strength when it bounced off 30 5/8.The candle once again is indicating a reversal but we know how reliable that has been lately.Nevertheless,I do think this issue has seen the bottom now but a bounce shouldn't be too big;35 maybe and 38 tops.The fundamentals are in place but I think this stock has momentum sickness... GD

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