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Strategies & Market Trends : LastShadow's Position Trading

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To: Susan Saline who wrote (6493)1/15/1999 11:53:00 AM
From: Jay Lyons  Read Replies (1) of 43080
 
IDTC

Was just thinking of you and this stock. It seems to be holding well at it's opening price now. Lot of bad news though, and there may be more downgrades to follow. You're far more patient than I, so you might want to average down for the long run, if the losses are just to big now. You know me, I wouldn't...or I'd yell at myself if I did.

This is a big down gappa, so by the rules, taking out that morning high isn't a buy signal.

Good luck,

Jay
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