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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Tim Luke who wrote (50931)	9/3/2000 11:11:24 PM
From: Jorj X Mckie	Read Replies (2) \| Respond to of 63513

Do you think that the way a stock traded prior to April 14th of this year still has some bearing on the way it trades today? The chart shows where there were several great opportunities to get short SAPE. Had I been watching it, I may have heeded one of those signals. Right now though, I wouldn't short it as it should have a dead cat bounce from here anyway. But the simple fact is, you are getting lower highs and lower lows. This is obvious from the chart that I posted. There are stocks that have both better fundamental and technical pictures than SAPE, what attracted you to the stock in the first place?