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Strategies & Market Trends : APMP (formerly APM) -- Ignore unavailable to you. Want to Upgrade?


To: Alan Lee who wrote (9457)12/23/1997 1:59:00 AM
From: AlienTech  Respond to of 13456
 
>>Anyone think there will be a bounce in XION tomorrow? They dropped 65% today ... <<

uh huh! No way, not this close to end of the year.. In fact it is a very good short right about now since anyone with any kinds of profits for the year will be dumping it to get the tax write off.. And with a lot of traders being out of town there wont be too many bottom fishers either.. But beginning of next year it should go back up, shorts covering to take profits and people buying the ones whos been hit etc etc..



To: Alan Lee who wrote (9457)12/23/1997 3:54:00 AM
From: Gary Ku  Read Replies (1) | Respond to of 13456
 
>>Anyone think there will be a bounce in XION tomorrow? They dropped 65% today ... <<
I do, almost any company with this kind of drop will have a good
bounce the second day.