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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Awiseone who wrote (9475)10/30/1998 2:04:00 PM
From: campe  Read Replies (1) of 25711
 
Good question...It closed at 16 1/8 yesterday after a steady climb in anticipation of earnings. Projections were .20 and they came in at .17, however, the wires got crossed this morning and a .06 loss was advertised causing the gap down.

After the corrections came out, it began to climb back up. How high will it go today, Monday, next Fri is the up in the air. However, I do belive it should recover well into the $15 range sometime in the short term.

Any other thoughts?

btw - I don't think the market will support a full recovery back to 16 today <g>...

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