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To: Perspective who wrote (77421)7/15/2003 10:40:44 AM
From: bcrafty  Read Replies (1) | Respond to of 209892
 
bobcor, I think you'd be safe with your idea
of them convincingly breaching the 50 dma or support trendlines to go short. Thanks for the clarification on that. Some people would go short on the first red stick or two, or a break of the up trendline from a couple of weeks ago, and I was hoping that wasn't that you were thinking.

Right now many of them have no resistance on the daily charts, so the conservative approach IMO is to not stand in front of those trains just yet.



To: Perspective who wrote (77421)7/15/2003 10:45:46 AM
From: martin001  Read Replies (2) | Respond to of 209892
 
supremely stupid? <g>

Take a look at CHRB this company is a empty shell.
One look at their last 10Qs and I frankly have no idea how they remain listed. That in itself is testiment to the NASD and SEC negligence.

THe stock is a holding company that over the years has
managed to lose money and sell off all its assets until it's sole line of business was a grocery store.
In - you guessed it CHINA. So it was run like all the rest.
Of course CHRB actually sold its grocery store to cover debts so in fact it has no business at all.

Ran from 2 to 16 recently.
ROFLMAO

Course having a float of 600k helps