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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: DanZ who wrote (22442)	3/13/2000 11:54:00 AM
From: Beachside Bill	Respond to of 53068

Mat... Actully the last low in momentum was around 10/2/97. Do to the volitility in the market the momentum has proven on many stocks to break that level. Righ now Mattel does not have the fundamentals to break a lower low. If could start an uptrend it would be like the downtrend 3/18/98 and you could have shorted 9/98 at the same price. Out of season. Way too much competition. And considered a commodity low tech, overvalued stock. There are too many large cap stocks with better fundamentals that are trading lower than MAT with better perceived futures(IMO). The Z will know better on day to day , week to week trends, but I will see this one months down the close to this price or less. Of course Dan, the market is dynamic and you know your companies. I would never had found K-swiss except for your posts on Yahoo. A week from now I can change my mind. I found my starting position on that one in the 10's. I don't see this yet without some sort of retest at a ridiculous low value. JMO