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To: Slava Chechik who wrote (22854)5/27/1998 11:29:00 AM
From: RGinPG  Read Replies (3) | Respond to of 95453
 
VRC's got some good support here, I would be surprised if it falls much further. Of course, I've been surprised a lot the last week.

This is the longest, most severe correction we've had without a rebound in this sector since the initial decline October last year. We went down 20% initially back then, we're down about 15% (so far) this time, but it has been a slow steady painful decline lasting almost a full month. We have good support at OSX 96, just another 6% down to go.

If you still believe in stochastics (I do... I think) I got three more buy signals after yesterday's action, TDW, TMAR, and RON. If we get a flat or up day we'll get a bunch more buy signals.

We're down this morning, maybe that means we'll be up this afternoon?