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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Eric Klein who wrote (1025)5/7/1998 3:21:00 PM
From: mattie  Read Replies (1) | Respond to of 2506
 
They are both hitting against support, which has been strong to date. Both are fundamentally weak and any market correction will push the stocks through support, in my view. They both have been moving steadily down in a very strong market.

I would guess that they may bounce off support before breaking - but I believe they will eventually break (with or without a market drop).