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Technology Stocks : Zapata (ZAP) -- Ignore unavailable to you. Want to Upgrade?


To: Ken M who wrote (405)7/23/1998 1:23:00 AM
From: muleskinner  Respond to of 1206
 
Good---I dont really mind if it drops more---that will give me time to pick up some more.....I checked out the Amtd---took a nice rise, and got good ratings...Im going to sit on the side lines for a few points up and down for a while ---in any stock---I think this whole thing is on the verge of a big correction and at this point Im not going long on anything----As you well know---to much speculation going on...



To: Ken M who wrote (405)7/23/1998 1:29:00 AM
From: DanZ  Read Replies (3) | Respond to of 1206
 
Terminology check...a dead cat bounce (fish in your case) is normally associated with a stock that has had a big move down and is trading near a 52 week low. ZAP does not fit that profile. It is simply in a trading range and has now corrected to an area that I consider closer to the bottom of the trading range than the top. By the way, there is a gap on the daily chart between 17 3/4 and 18 5/8. The stock had an opportunity to fill it today but didn't even get into the gap area. This is a bullish signal. Will it fill the gap? Maybe. Is it going to $10? Highly unlikely.

I have to ask...Why do you think "tomorrow will not be kind to ZAP"?



To: Ken M who wrote (405)7/23/1998 1:51:00 PM
From: Phil(bullrider)  Read Replies (1) | Respond to of 1206
 
Ken,

Since you are always so sure of yourself and your trading patterns, and usually reporting after the fact, would you care to eat your words now, or wait till the market closes for the day?

To: +muleskinner (404 )
From: +Ken M
Thursday, Jul 23 1998 1:09AM ET
Reply # of 441

Tomorrow will not be kind to ZAP maybe you can catch a dead fish bounce.

Good luck and good trading
>>>>>>>>

Just wondering,
Phil

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