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Strategies & Market Trends : The Rational Analyst -- Ignore unavailable to you. Want to Upgrade?

To: HeyRainier who wrote (192)	1/14/1998 6:43:00 AM
From: jan_mike	Read Replies (2) \| Respond to of 1720

Don't want to rain on your indicators, but Radica got hit by the big time pro shorters. If somebody can predict where Fahnstock etc. will show up every week, they'll make a fortune sharing it. On the other hand, they probably look for the same things us little guys do, so maybe it works after all. Radica had a trailing p/e of 10 and a forward est. p/e of 5 before it got hit, so the Radica faithfull (especially me) are looking to load up. Doug R. is calling it near the bottom now. It might be a good quick bounce for short term traders. If it had gotten to 19 where you guys wanted to to go before shorting, you would have made a whole year in one week! I hope some of the little guys made some money on the process, and make twice as much on the bounce back! Good investing, Mike