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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: TATRADER who wrote (8255)4/21/1999 11:29:00 PM
From: Howard Shlom  Read Replies (1) of 59879
 
Mark
Thanks for looking at WCAP.
I'm familiar with the short term nature of a popper, but...
I find the crowd psychology in this stock interesting .

We all know a stock will come back down after a spike,
but one guy on the SI thread has had everybody shorting it.
On Wednesday night, someone else came in and gave a
convincing rebuttal to those arguments.
We all know that when everyone on a thread gets excited
about a stock, it's sure to go down.
I think this situation is one where lots of amateurs
are shorting, soon to cover in a panic.
We'll see.
Howie
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