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Strategies & Market Trends : Paint The Table -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (16370)	2/26/2002 5:12:07 PM
From: Original Mad Dog	Read Replies (1) \| Respond to of 23786

Short with tight stop, but that is based more on fundamentals than the chart. Still priced at around ten times sales, and sales aren't exactly skyrocketing, so I see more possibility for downside than upside. Could go back into the mid-40's before declining though. One contrary indicator....the 50DMA just met the 200DMA average from below. That sometimes means the stock is shifting into an uptrend (it did with this one previously). But with the present market psychology, I don't know how much I am willing to listen to that signal. And besides, I don't know what I'm talking about. <g>