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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?

To: Kevin Podsiadlik who wrote (7043)	3/3/2000 4:20:00 PM
From: Bill Wexler	Respond to of 10293

Yuck...looks like some GUMM on my shoe!! "The uptrend is still intact." HAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

To: Kevin Podsiadlik who wrote (7043)	3/3/2000 4:22:00 PM
From: DanZ	Read Replies (1) \| Respond to of 10293

Actually the close is more important than intraday swings and technical analysis isn't an exact science down to the last 1/8 point. GUMM closed at 21 1/4, so the daily chart still looks fine. It would take a much more severe decline to turn the weekly and monthly charts down and I'm more interested in those as an investor. If the stock follows through to the upside next week after bouncing so much off the low at 20 today, and swiftly I might add, it is very likely that the correction from 36 is over. Several bids over 5,000 shares were filled today so it is obvious that buyers with size want the stock. GUMM is volatile and shorts can make money playing the swings. I don't have a problem with that. The long term trend in the fundamentals and stock are bullish, and shorts that don't cover soon for a profit will probably be unhappy in a few weeks. I do not think that GUMM is a good sell short and hold stock.