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To: stockbug who wrote (44054)8/22/1999 11:25:00 PM
From: Craig Gordon  Respond to of 50808
 
Looking at the chart you have a lower high and a lower low then another lower high now do we go to another lower low? The volume has dropped out. Maybe the institutions are waiting until it is cheaper before they buy more.

While the fundamentals are getting better the downtrend is bad. Anyone in this stock can't afford to discount the tape. Wasn't it Marty Zwieg that said Don't fight the tape in his book Winning on Wall Street?