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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?


To: RockyBalboa who wrote (3050)11/1/2007 9:31:40 AM
From: The Reaper  Read Replies (1) | Respond to of 6370
 
"I think the stock has been trading as a momentum stock. What we're seeing here is a reversal of that momentum," said Jeff Mintz, vice president of research at Wedbush Morgan Securities Inc.

And this guy gets big money for coming up with analysis like this? LOL

On another note, XOM laid their egg this morning as well.