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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?

To: james r. davila who wrote (3179)12/4/1997 9:14:00 PM
From: joel3  Respond to of 7396
 
Pardon me. The Fool expects that WDC will go lower...

"Looking forward, investors will probably see Western Digital pushed to massive new lows in the coming three weeks due to tax loss selling.
Individual investors were large holders of the shares and the degree of loss has made it an attractive tax loss selling candidate. If today's loss on no news is any indication, Western Digital will likely see $16 by the end of the year -- only to recover in early January."

This may be self fulfilling.



To: james r. davila who wrote (3179)12/4/1997 9:31:00 PM
From: LzzrdKing  Read Replies (4) | Respond to of 7396
 
WDC is garbage over the short term. some day it will recover. My tolerance is in hours, not months and years unfortunately.

SOCR-resist 8 3/4 so not much to gain there at this time.
AMES looks good.
looks like my post on the drillers correcting today was right on. Has anyone ever heard of FLC not being shortable due to the merger. Tried to short the pig at 35 and couldnt. that did not make me happy.


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