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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: HandsOn who wrote (18430)	8/2/1999 6:21:00 PM
From: kendall harmon	Respond to of 43080

Handson, we are on the same page on this one. I sold out at 19 3/4 and 20 this morning and then bought back at 17 3/8 and 17 1/2 late in the day. I owe you bigtime for alerting me to this one on Friday. the chart shows substantial support around 18, and now it is way, way oversold. But with dumpers you can never tell. Alan Farley's site, by the way, nailed SNC exactly. he said it was a powerspike. I find often with powerspikes down there is a first half an hour bounce, and then a sell off again. Now i believe it is a real bargain.