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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Return to Sender who wrote (27887)9/1/2000 1:02:26 PM
From: Return to Sender  Respond to of 69928
 
I'm back in NTPA again. The stock was downgraded from strong buy to buy and is off over 9 points and nearly 25% today setting a new 52 week low. Not coincidentally the stock also set a mark for record trading volume over the last year with three hours of trading left to go today. This sell off is way overdone and I am hoping for a bounce higher next week to 32 or more on that alone. Here is the yearly volume report on NTPA for anyone interested:

chart.yahoo.com

Have a wonderful Labor Day weekend everyone!

RTS



To: Return to Sender who wrote (27887)9/1/2000 1:03:46 PM
From: Johnny Canuck  Read Replies (1) | Respond to of 69928
 
Old economy stock, but F looks interesting at this level. Possible double bottom. Down due to Firestore tire problems.
The EPS estimates are a little worrying though. $3.99 this year. $3.90 next. I am not sure if that includes some sort of one time charges or not.

207.61.23.98