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To: Thean who wrote (1594)8/6/1998 1:36:00 PM
From: waverider  Read Replies (1) | Respond to of 14427
 
Thean:

>>Net, we need a pretty convincing base building here like in March before people can better quantify the risk and willing to take a better investment shot. Those big brothers understand risk and reward very well. I see no possibility of a strong reversal and they head north for the next month.<<

The weird thing about that March base was that is set up a nice rally, but man the morning after...what a hangover. Took Ron out.

I bought some VRC last week and it is currently just about at my loss cutting point (about -10%). Seems to be holding, but if it breaks into a new low, sub $13, I'm out.

<H>