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


To: hotlinktuna who wrote (13175)9/30/2002 11:04:36 AM
From: Dave Gore  Read Replies (1) | Respond to of 16631
 
I decided to pass for now anyway...I may not trade today at all. I generally don't like Mondays.

FYI -- QLGC again approached $26 and bounced.



To: hotlinktuna who wrote (13175)9/30/2002 11:23:38 AM
From: Dave Gore  Read Replies (1) | Respond to of 16631
 
Wait, I see the average is only 50K per day, may break down here again.

So many of these seem to need to filter out all the sellers for 2-3 days before they become safe. We'll see on ELMG. I hesitate to call it an ODOD yet.

PE still ain't exactly cheap even if they hit forward #'s, but it's more of a technical bounce play, of course.