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Strategies & Market Trends : CXI-Commodore Environmental -- Ignore unavailable to you. Want to Upgrade?

To: hcm1943 who wrote (825)	5/12/1998 10:29:00 AM
From: Lawrence Burg	Read Replies (2) \| Respond to of 1755

Man is the price getting beat up. Got it @ 3 1/16 x 3 3/16 on 48k, on L2. Heavy on the ask side, so would expect further erosion. I was bottom fishing @ 3 1/2... W/FA like CXI has it's hard to understand the action... Charts had the oscillators still sliding from an OB status. A combo Stoch/RSI shows it very oversold by next week. One oddball thing I did try was to throw out the TMex (16 March) & follow-on PR anticipation (27 April) run ups. It was sliding down pretty good prior to that. No way to see where bottom may have been, 'tho the 52w low looks like $1.5. $1.50...? I'm thinking now way. But watching the action as close as possible. Didn't think it would've come down this much off of $4...