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To: zurdo who wrote (4206)9/21/1999 5:37:00 PM
From: blankmind  Read Replies (2) | Respond to of 10027
 
However, its long term price pattern has been terrible since April, and if the trend continues you will see the low 20s in early October

but you are using a static government model to extrapolate from the past onto the future without factoring in real world events. we need a non-govt economist.



To: zurdo who wrote (4206)9/21/1999 9:11:00 PM
From: gbh  Respond to of 10027
 
However, its long term price pattern has been terrible since April, and if the trend continues you will see the low 20s in early October....Just my opinion based on observation...

If the companies fundamentals were in disarray, you might be on to something. The easy money has been made on the short side. I hope you did well. Further gains in this direction will be much tougher to come by. Low 20's would require a disastrous quarter, and that doesn't seem likely given the recent guidance downward.

Gary