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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?


To: debby who wrote (33922)5/17/2001 2:14:19 PM
From: bcrafty  Read Replies (1) | Respond to of 100058
 
Debby, we surely know that or we shouldn't be here

The bigger questions are when to take the chances, and upon which stocks do we take the chances. Personally, I'm waiting for the next good short opportunity (which might have already started at 1:30)

As far as right now. I'm with idealist as I do believe in this rally from yesterday, and I'm with Dr. Bob's forecast for a retest of the naz lows within the next month and that this rally is better sold into than bought.

BTW, as for SATC as I recently posted to heehee IBD had an article last month that stated that 92% of stocks that go under $10 do not go back up to $20, so this one has some formidable odds against it. But I guess that wouldn't prevent it from going to $19 anyway.

Whichever way you go, good trading to you.