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To: benchpress550 who wrote (31172)9/22/2002 3:44:22 PM
From: Ray RuebRespond to of 118717
 
HRC - the MACD chart looking bad

and not getting better right now.

After the massive drop a month ago, it should have had a "dead cat bounce", but the MACD never went positive and the price never rose. A bad sign.

Now more bad news and another drop and the MACD is still pointing down. Still in the "catch a falling knife phase".

Let us know when you think you see signs of a turn-around.

You all be careful out there
Ray



To: benchpress550 who wrote (31172)9/22/2002 4:49:31 PM
From: Dale BakerRead Replies (1) | Respond to of 118717
 
I would have to research the debt structure and future cash flow to decide if the bonds are a buy. Just wondered if you had done my homework for me already....


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