NATIONAL RECORD MART (NRMI) Message Board

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Non-Tech : NATIONAL RECORD MART (NRMI)

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To: Ginco who wrote ()	5/29/1998 3:53:00 PM
From: Linch	Read Replies (2) of 34

I shorted NRMI today shorted 500 at 13 1/2. These financial magazine recommendations are a dime a dozen and most pop the day of release only to be followed by a return to the original price before the article in a matter of days. Here's a repost from YAHOO: (44/M/San Francisco) May 29 1998 1:06PM EDT As expected, NRMI rally strongly today.Do not think it will shoot to $20 today.But remember the last time many people bought near the recent high of $13?It soon corrected itself down to $9 1/2 or so.Many who two days ago bought around $9 1/2 take profit today.Some of my radio listeners who bot at the high decided to sell to break even and wait for a dip.It would not surprise me if it may correct down to around $10 next week, partly because I don't think the market is through with correcting.The market is very weak at best.Please exercise caution.Buy on dip.Good luck everybody.

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