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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Ben Sanford who wrote (65778)10/14/1999 2:35:00 PM
From: Bryan  Read Replies (1) | Respond to of 90042
 
but the threads always seem to be overly optimistic

The bigger investors, that don't give a crap about these threads, are the ones that inflate the price to such levels, many times because of over-optimism. This is a classic play. Now that the weak hands are out, it will trade higher, albeit not at the same pace as the sell-off.

Longer term though, it will likely consolidate near the low 30's for a while, until the street can digest some more numbers from the company. JMHO, of course.

bk