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Technology Stocks : PairGain Technologies
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To: appro who wrote (23033)4/16/1998 6:50:00 PM
From: David Nelson  Read Replies (1) of 36349
 
>>> Off Topic <<<

I love a good train wreck too. Cendant is on my watch (very closely) list. Millions upon millions of buyers today holding up all those sellers. I am trying to figure out whether it's a short term short or long. I'm expecting a dead cat bounce in the next few days though. Is anyone familiar with the 50% retracement theory?

And, long term, this is gonna be a duck shoot. Just gotta wait for the dust to clear, then double your money.

--Dave
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