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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: Connor26 who wrote (26161)6/6/2001 10:03:36 AM
From: Dave Gore  Read Replies (3) | Respond to of 37746
 
Exactly - an overreaction that caused it to drop about 13 points; positive news and comments last couple days should help it recapture much of its recent loss. People have short memories and I take advantage of the most recent GOOD news to go long.

I do real well on overreactions. You just need to be patient and wait for the stock to stabilize at lower levels. Lots of positive comments the last couple days makes this an interesting long again. Just my thoughts. It's certainly not without risk, but I think its odds are pretty good as long as the futures do reasonably well.