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


To: Ken W who wrote (24822)5/2/2001 1:11:34 AM
From: in_cog_nito  Read Replies (2) | Respond to of 29382
 
Ken: To me, from my view point, the chart looks like the stock has bottomed out and could rebound very nice, 7's maybe 8's short term.

RDRT was overbought on inflated earnings expectations and now suffering from the blow off.
Now over sold, deflated dreams.....

Buy low, sell high.......

MA's get broke all the time.... what does RDRT have to do, from your chart view point, short term, to show it is Bull Buy Long?
What must it perform, for it to show it is going lower?

A cont. Tech/Nasdaq rally, RDRT should perform = or much better. Down side risk has to be very low at this point!!!
The swings are still very much playable.

Think I am going to White Castle......munchies.

icn