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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?


To: Bruce A. Brotnov who wrote (9929)7/24/2002 2:58:08 PM
From: Dave Gore  Read Replies (2) | Respond to of 16631
 
Bruce, you know I'm mad at you for even bringing up ORB's great earnings yesterday. LOL!

You should have known it was going to tank 30% after they beat earnings by 100% and were down from $8 recently.

Ya, right, huh? :-)



To: Bruce A. Brotnov who wrote (9929)7/24/2002 3:08:23 PM
From: Dave Gore  Respond to of 16631
 
MONSTER RALLY "if" we get follow-through for a second and then 3rd day.

It's been best to buy scary dips of quality companies when the Market is tanking and best to sell when any significant rally occurs.

Odds are we should all be selling here, if not already, and I have sold a bit. But then again if we ever get follow-through for a second and then a 3rd day, watch out. The rally could be a monster with shorts scared out of their minds.

We'll see HD and RTN back in the mid-30's, MSFT in the low 50's, ITRI back to $18-20, SCHL back to $40-45, etc. (i.e. back to month ago levels)