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To: Redman who wrote (5908)12/22/1997 6:08:00 PM
From: The Perfect Hedge  Read Replies (1) | Respond to of 95453
 
We can always find something that COULD be the cause of our stocks getting whacked but the fact remains a bunch of these co's have stated that fundamentals not only haven't changed but are looking stronger!The selloff is pissing the hell out of me.A stock comes out with great news and it gets whacked after a little buying.I have given up on the charts.I have been given false buy signals so many times now.....Another thing is how many times have our stocks opened up only to close down?That's happened to EVI probably 25 times in the last 10 weeks.It's a complete tease.I'm waiting for the real thing........GD



To: Redman who wrote (5908)12/22/1997 7:31:00 PM
From: The Perfect Hedge  Respond to of 95453
 
Just looked at the charts on some of these stocks and I'm beginning to see some divergence.I follow mostly FGII,EVI,RON,Mavk and Mind.All are oversold and are in a bad downtrend.EVI is actually a buy according to stochs but barely hanging on.Basically we're still getting whacked and most of these stocks are selling at pe's less than their growth rate but no one is buying yet and I don't think we'll get any buying until Jan.GD


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