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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: Gottfried who wrote (5397)6/22/2001 9:56:43 PM
From: chowder  Read Replies (3) | Respond to of 23153
 
Hi Gottfried! thanks for the PM's, I'll follow up over the weekend.

It is incredible about what's happening to ESV. Twelve of the last thirteen days have been down.

The candlestick pattern indicates more downside and the stock is under very heavy distribution. This has to be more than funds liquidating, I would think.

Do you think there is a fundamental flaw in ESV's business? I haven't seen this much selling in a company in a long time.

stockcharts.com[h,a]daclyimy[pc25!c50!c200!f][vc60][iut!Ub14!Ua12,26,9!Lh14,3!Lc20]

In my opinion, it doesn't make sense to try and time the bottom here. It has so far to go to get back where it was that we can afford to wait for the indicators to tell us when.

dabum