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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: majormember who wrote (15419)4/24/1998 12:15:00 PM
From: Doug R  Read Replies (1) | Respond to of 79273
 
Skane,

There's always the possibility that I'm wrong about something over at AINN being "broken". If what happened is a monster shakeout, it shook me. I'm taking it as yet another reminder to never fall in love with a stock. What happened with the price looks like more than the ordinary "earnings selloff". If it wasn't hammered by a short, somebody was in a big hurry to get out. They must have had a reason and if the reason involves the co., we'll find out what it was sooner or later.

Doug R



To: majormember who wrote (15419)4/24/1998 12:39:00 PM
From: Barbara Barry  Respond to of 79273
 
Skane,
Yes. But upside surpises are often built into a runup right before earnings,then traders take profits and some figure well that's the best news for a while...I am oversimplifying but you see stocks that beat by a penny or two pullback.If ainn was actually profitable and beat by a wider margin with greater % revs...then that might be different.I guess, bottom line,it is tough to know how the market will actually react they can always fool me at times.
Regards,
Barbara