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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Mazama who wrote (9384)1/23/1999 1:20:00 PM
From: Rick Faurot  Read Replies (1) of 90042
 
My only swing play for next week would be to take a position in ASND under 80. I expect ASND to see 85-90 within two weeks.

We do have to realize that Monday at least is going to remain choppy and there is lots of potential for a little more downside in this market.

But as we saw Friday, good companies have pulled back about as much as they are likely to and so this bottom in those companies is most likely the kind of buying opportunity we have seen several times last year.

RickF
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