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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: lh56 who wrote (5061)12/7/2001 6:46:27 PM
From: Roebear  Read Replies (1) | Respond to of 36161
 
lghansen,
I had played with the idea and had a support line at 12.60-12.80 I was thinking about plinking but it went through it like a hot knife through butter. 11.50 is the next one, which seemed to hold for a bounce, but the stock price is behaving similar to Enron, which is certainly within the short term memory of most traders.

In the end I think it will behave more like MDR, but I'm more into cash and some gold than falling pianos, safes and all the various other objects the market has been throwing off the highest roof around.

Since this is getting to be a weekly occurrence, one has to wonder who or what is next.

Best Regards,

Roebear