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

To: drsvelte who wrote (27941)	9/5/2000 6:26:11 PM
From: Return to Sender	Respond to of 69974

PHTN is a good looking oversold stock. I didn't buy any today but I did buy more NTPA and some ANTC today both because they are oversold... Result??? Just like PHTN they got more oversold. Thank God, tomorrow is another day. PHTN should rebound soon in my opinion. Today was just a bad day in the market for tech stocks. Getting out of a stock going down before it gets worse is never a bad idea. You can buy back if you like. Buying only a partial position and adding more as a stock gets oversold can work too... just never do it on margin. Stay diversified and keep stops in place. Anyway you probably do a better job of that than me. RTS