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

To: Lazarus_Long who wrote (9613)1/5/1998 7:54:00 PM
From: Alan Lee  Read Replies (3) | Respond to of 13456
 
<< Yeah, I'm so impressed by APM's performance that I entered a short at the open tomorrow.>>

Was that before or after you saw the earnings warning from RDRT? :) You might want to wait and see what happens - APM is bound to gap down tomorrow. Depending on how far down, it may drift back up again, or continue down, or something else in between ...

biz.yahoo.com



To: Lazarus_Long who wrote (9613)1/5/1998 10:45:00 PM
From: Kathy Riley  Read Replies (1) | Respond to of 13456
 
I plotted three year charts on disk drive makers. My hunch is
this is bottom. There are other sectors of the tech market that
chart wise are way better shorts. Stock hit the lows (or close to)
of July 96, same with SEG and a few others in disk market, and
bounced off. Box makers and many others have plenty of room
to fall if techs keep dropping. Why short something that is 75%
off its high? I love bottom fishing. So do institutions.


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