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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Maarten Z who wrote (20437)9/12/1999 5:00:00 AM
From: American Spirit  Respond to of 56535
 
IMRS - dead cat bounce is all I'm looking for, though as these companies replace Y2K business with networking and e-commerce they could recover. They're trading stocks now. Sometimes they plummet on some perception then right back up again on somebody's report that they're undervalued. Look what happened to KEA last week. Down to 21 then back up to 28. Buy at 21-22 and you've got an excellent trade. Some with IMRS which I think is scraping the bottom now. If it keeps going down I'll double up.

The market usually over-reacts, but picking bottoms can be tricky.