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


To: tom pope who wrote (18861)8/6/1999 9:09:00 AM
From: Susan Saline  Read Replies (2) | Respond to of 43080
 
just off the top of my head (which is worth only about 9 cents gg)
if PTEK and HLTH ... are way off highs ... are possible following the general health market indice .... which is doing horrible ...
re: pfe lly amgn and the other name brands ...
I have just about given up hope on those stocks putting in any real reversal ... I trdaded them all for months ... trying to find the bottom ... it was fighting a storm ... they just don't want to reverse. of course they get their lil blips up ... but 6 months now for downtrending ... reminds me of the oil slide we had and that lasted for 2 years



To: tom pope who wrote (18861)8/6/1999 9:13:00 AM
From: John J H Kim  Read Replies (1) | Respond to of 43080
 
So far looks to be an ugly opening. Sometimes key info comes from most unlikely of sources. Couple of days ago the I asked the newspaper stand guy: "what do you think the job report gonna be?" He said: "Are you kiddin? Just take a look at the jod classifieds...there's a big jump in numer of listings...there's a lot of demand for people out there..." That sort got me thinking that maybe today's report might be strong.



To: tom pope who wrote (18861)8/6/1999 9:15:00 AM
From: AlienTech  Read Replies (1) | Respond to of 43080
 
Yes PTEK is under book value of 8+ here.
The book value does not include the 5 or 6 companies they have stakes in and are still private.