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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?

To: Crossy who wrote (3733)	8/8/2003 10:09:39 PM
From: Patentlawmeister	Read Replies (1) \| Respond to of 37387

Nice turnaround on ATS today; if you study the charts over the past month you'll see that it had a 7 day losing streak before today's turnaround; which is precisely the same losing streak as NTES and SOHU had, for example. That is, ATS is following the hot China stocks in tandem for now. All of these stocks appeared to make a Japanese candlestick reversal today (i forget the term for it). I'll be the first to admit, i never expected it to tank from 4.60 to 2.22 in less than a month. But at least we know the slide wasn't due to anything company specific. The proof will be in the pudding by the end of this month when they announce their mid-year earnings.