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Strategies & Market Trends : Three Amigos Stock Thread

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To: Ken Reidy who wrote (5276)5/26/1998 11:33:00 PM
From: Amigo Mike  Read Replies (1) of 29382
 
Ken,

My opinion on ROIX has not changed. Apparently the marketplace has put pricing pressure on the stock. Rather unfairly in my opinion.

At present ..... ROIX is continuing to slide ....... searching for a bottom. I know of no reason for this downward pressure and to make it worse ... market conditions are weakening also.

One interesting note ...... volume on the slide has been VERY weak. A positive sign .... as it will take less volume to turn the trend positive going forward. I think I'll have to double up on ROIX once we find the bottom.

Amigo Mike
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