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Strategies & Market Trends : Consumer Portfolio (CPSS) Overbought!
CPSS 8.255+6.5%Oct 30 3:59 PM EDT
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To: Arthur Marigold who wrote (87)1/8/1999 10:46:00 PM
From: bob yahnke  Read Replies (1) of 112
 
Hi Arthur. I've reduced my position in CPSS by 90%. I don't feel this stock has what it takes to get back in the 10-17 range again. I have many reasons. Most of them have to do with what maxcredit says on the Yahoo thread. Even Level II shows that every move to the upside shows so many market makers on the offer with alot of stock to sell. I think the upside here might be as high as the 6-8 range and not that much higher. I hope I'm wrong though because I still have a 1000 shares left.
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