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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: HighProb who wrote (8968)5/3/2001 4:28:11 PM
From: Tom Hua  Respond to of 19633
 
Lindsey, I saw the quick pop just before the close, probably short covering like you said. I know it can frustrate the daylight out of many shorts, some will get so discouraged and throw in the towels. Although my patience is nowhere near Roger Babb's, it's durable enough for me to sit back and wait for ONIS to crumble.

Regards,

Tom



To: HighProb who wrote (8968)5/4/2001 5:13:14 AM
From: HighProb  Read Replies (1) | Respond to of 19633
 
My customers are telling me that things are not real good at the Home Improvement Retailers:

Newell Rubbermaid's quarterly net plunged 50% and the company said it would cut 3,000 jobs, or 6% of its work force. Newell also lowered its full-year earnings estimate.

Or in Techville:

Car Repossessors Boom in Silicon Valley
As Tech Firms Struggle Amid Slowdown


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