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Technology Stocks : WDC/Sandisk Corporation -- Ignore unavailable to you. Want to Upgrade?


To: limtex who wrote (16054)10/25/2000 3:28:49 PM
From: John F Beule  Respond to of 60323
 
Well, filled at $51. So here I am again, catching a fallen knife. I might be wrong, but I believe last Wednesday when we hit hard and recovered fast, that we would need to re-test, and today it's happening. Yesterday I set a limit in the am at $54...almost filled. Today $51...and it grunted to get there. This tells me that it's a very weak stock. So, in one aspect I agree with you, the market is rudely cutting out the fat. But where we disagree, is that (like you said) the cuts are wild...LTB&H'ers are looking for these days to re-enter. Timing matters, but it's hard to catch the true bottom.

Best,

John