The 56 Point TA; Charts With an Attitude Message Board

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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Doug R who wrote (20171)	8/4/1998 2:54:00 AM
From: Instock	Read Replies (1) of 79262

Doug: Keep an eye on GMGC for a decent rebound. The stock has been crashing for 4 or 5 days, sharply crashing. Over Reaction to earnings. Over Sold. Market up days could do it wonders. Have the shorts covering, bottom fishers and Dead Cat bouncers jumping on board Long. I think the stock is about ready for a rebound. Should be a good two day, maybe three day BUY. 10% to 20%, not bad for just 1,2, 3 day holds. We are talking short term gain. Long term gain is another story. Now, I quess you will burst my bubble and tell me the TA says other wise......< g > DOSE dropped as I thought it would. Tomorrow, with earnings coming out, should be very interesting! DOSE rebound was apx. 20%, or a realistic 15% gainer in 4 days. NTPA and WAVO did better then I expected as short sells. I should have stuck with both longer! Hope to add GMGC to the ranks of short term winners. BTW, The futures are up pretty good tonight. Asia looking OK. Could be a nice Market rebound day........ well, it could be....... Scott

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