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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Lee Lichterman III who wrote (31937)10/30/1999 9:53:00 PM
From: Casaubon  Read Replies (1) | Respond to of 99985
 
Lee,

that's what I've been talking about for months. One at a time, I have watched individual stocks taken out back and shot, in a matter of two or three sessions! The declines tend to happen about a month apart so people forget or something. Stock getting whacked 1/4 of their market cap in a session two or three times in a year! It has got to be putting a hurt on some buy and hold types. These stocks were rallying earlier in the year, and the fundies have not changed. Just taken out back and shot! The ones that were shot first put in bases and started to move when the dow stopped following and then broke through the downtrend.