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

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To: Glenn who wrote (16408)3/11/1999 11:03:00 AM
From: MIKFREE  Read Replies (1) of 90042
 
Here it is Glenn:

To: Tim Luke (16384 )
From: MIKFREE Thursday, Mar 11 1999 10:20AM ET
Reply # of 16420

I bought a butload of it at 8 1/16, so this is very good news for me. Already have a decent gain from it. Hell, if a stock has decent fundamentals, it can only go so far down before its ridiculous not to buy it. Let's hope this is the case with pair. I think i am doing this right, correct me otherwise, but ive read that if you draw a straight line connecting the past lows, you can find a fairly reliable support line. If this is the case, check out this theory with the Oct and Dec lows on pair. We are sitting on this line right now. Maybe this is one reason people are buying up pair today. Of course, this is just my possibly warped way of thinking, so please let me know if i'm just talking rubbish, OK?
Cheers,
Mike


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