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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Ken W who wrote (23937)	2/22/2001 5:18:39 PM
From: Ditchdigger	Read Replies (1) \| Respond to of 29382

Ken, you are the RDRT guru..;^) Welcome back Arnie!!

To: Ken W who wrote (23937)	2/22/2001 9:24:34 PM
From: in_cog_nito	Read Replies (2) \| Respond to of 29382

Ken: < RDRT Guru > Seems you and I both do our best ($$$) with RDRT when we are both pointed in the same direction. I have noticed over the last few months that when you and I have opposite positions in RDRT we both seem to have it correct/wrong roughly 50/50% of the time. Because of this, I am glad to see we are both Short Selling RDRT at this point. The odds are better that the stock will perform as directed. : ) As you know, I short sold RDRT the other day in the middle of it's free fall. Short sold it again today and will probably short it again if it drops below apx. $7.00 As I have said many times, you are the TA guru and myself but an amateur. I like taking in many factors, TA, News, measuring investor sentiment over many different message boards ( Hey! it works for me ! ), fun dies, Market direction, etc... Sometimes just staring at a chart for a while you see patterns that point the direction. If RDRT were down Friday, I would bet that IQ Zone indicator turns RED. IQ Zone works pretty darn well!! Unlike yourself and Sergio, I think RDRT has a better then 50/50 chance of filling the GAP at $4.50, or at least getting darn close to it. Maybe a much better then 50/50 chance of getting there............ Since we are both short RDRT now, lets see if it rocks and rolls in the correct direction and how deep it can go. Reading message board's the mood of the LONGS is very poor. The hypsters have moved on and out too. The Short Sell postings make sense while many of the LONG Messages sound more like wishful thinking. I am not talking just SI and Yahoo, but Ragging Bull, AOL, CompuServe, Clear station, Day traders, BW, CBS, etc.. etc... I would place a bet that RDRT goes under $7.00 Friday and a very good chance that it closes under $7.00. IMO Another large dump day like Tuesday and RDRT will be at $5.50 range, just a hop, skip and a jump from $4.50 Gap and a minor drop after that would start the top end of the Gap Fill. Another insider sells.......stock downgraded again...........Our friends in Wisconsin Sell more....Nasdaq keeps dropping... Tech stocks keep dropping....LONGS on Margin get margin calls....Fear that RDRT will NOT BEAT expectations this next quarter.. ect.. Any of the above, or combo, could send RDRT to the cellar. IMO ****OK, I have run on at the FINGERS : ) long enough..... What's the TA update on RDRT. What supports are you looking at, etc..? Why do you think a $4.50 Gap fill will not happen?****** Keep up the great RDRT TA work!! ICN PS: Still using AOL for my ISP since I re-formatted my hard drive. AOL YUK!! I need my IE up and working soon!! Dropped my Cable modem and looking into Dish and/or wireless. Yes!!! Looks like PCOM will fill it's Gap...........IMO Later.......