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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?


To: Rocky Reid who wrote (51464)3/27/1998 6:43:00 PM
From: sheila rothstein  Read Replies (1) | Respond to of 58324
 
Rocky, I think I'm going to get into TA, and candlesticks. IOM showed an inverted black hammer yesterday... an indication to buy. This means IOM is hammering out a bottom. Guess what, I believe in hammers, bottoms, psychics, UFO's, IOM, OEMS, CLIKS, ZIPS, JAZS,URLS. Am ready for the Lunny Bin? SR



To: Rocky Reid who wrote (51464)3/27/1998 8:07:00 PM
From: Joseph  Read Replies (1) | Respond to of 58324
 
Rocky has many valid arguments. What a smart investor should do now is to get out of the stock since there is so much downside risk and no signs of any upward momentum. If you are excited about the stock, wait it out with a buy-stop order! That is, sell now, let the stock settle, and put a buy-stop order at 8 1/8 and wait. If it falls further, you haven't lost anything, but if it climbs back above 8, you are back in the stock and riding it up. Meanwhile, you are sleeping soundly.

Joseph