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

To: Jim Spitz who wrote (29563)6/26/2001 4:08:23 PM
From: Softechie  Respond to of 37746
 
25bps means AG is seeing good things are near otherwise 50bps meams we're not out of the woods.



To: Jim Spitz who wrote (29563)6/26/2001 9:01:26 PM
From: velociraptor_  Respond to of 37746
 
MENT was a good one Jim....I called it in the room at 16.90 or so...took profits at 18 1/2, though I may get back in again tomorrow as a beautiful hammer reversal formed on the daily. Stock was down 13 days in a row on a simple downgrade and no other news. This morning was the strongest down and suggested a capitulative event ending the trend. It is due for a bounce.

38% retrace of the recent down move is at 21.60. 50% retrace is at 23.15.


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