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


To: CommanderCricket who wrote (13541)4/26/2002 12:54:30 PM
From: kodiak_bull  Respond to of 23153
 
CC:

Thanks for the report from the front. The two companies you mentioned, AVT and ARW, have already been beaten up pretty nicely:

stockcharts.com[h,a]dhclyyay[pb10!b50!b200!f][vc60][iut!Lk14!Lb14!Ld20!Lc3!Lf!Lh14,3!La12,26,9]&pref=G

stockcharts.com[h,a]dhclyyay[pb10!b50!b200!f][vc60][iut!Lk14!Lb14!Ld20!Lc3!Lf!Lh14,3!La12,26,9]&pref=G

I suppose the best way to short these would be to wait for a recovery toward the 50 DMA. I've jumped in before on charts similar to these and find they don't "yield" as well as they will once the stock pauses /recovers/head-fakes/yawns at us.

On Adelphia, this area of $5.50 or so might well be the bottom, it's very hard to tell. So, I come to two conclusions: first, that the stock could form a base here and begin to rise (rather than continuing down farther into the Land of Capitulation) and second, that even if it does, today and Monday will not be the only times to buy it in this area (translation: this one will probably bounce like a basketball).

stockcharts.com[h,a]dhclyyay[pb10!b50!b200!f][vc60][iut!Lk14!Lb14!Ld20!Lc3!Lf!Lh14,3!La12,26,9]&pref=G

I hereby nominate Kollmnh to be market maker in this stock for the next little while. He did such a good job on RRC a while back, it's high time he did a big volume baby.

Kb