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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: c.r. earle who wrote (16619)10/5/1998 9:20:00 PM
From: Susan Saline  Read Replies (2) of 53068
 
just a thought ....

often after big selloffs ...

where stocks have rallied at the close ...

they gap up .... then go flat

I have been trying to concentrate on the bigger cap stocks, or... at least the "name brands" of late, they rebound more quickly than the little ones.

I would think the AUTO's would rebound nicely ... and even when they gap up ... they continue upwards throughout the day.

KM closed strong today after being in the green, 1/8 to 1/4 all day ... closed up about a 1/2
that is a good sign for it's recovering.

I am trying to stay away from the tech stocks.

Although APM made a double bottom .... closing in the green today

ls follows DCLK ... it closed well up off it's low ... an offshoot net stock, I believe (???)

but beware ... we could just as easily have a early morning rally with selling into strength closing with another poor day.

another daily event, lately, is the big rally followed by big selloff into the strength, closing with an ending rally.

A daytraders dream come true.

.... The market is more fickle than a woman
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