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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: ivan solotaroff who wrote (20455)8/11/1998 3:36:00 PM
From: Doug R  Read Replies (3) | Respond to of 79281
 
Ivan,

I'd like to play RAIN but...I can't. The recent gap down won't allow it.
Damn rules.
As far as risk reward goes, the risk is predetermined and set by the rules to be very small.

Doug R




To: ivan solotaroff who wrote (20455)8/12/1998 1:27:00 AM
From: JKraft  Read Replies (1) | Respond to of 79281
 
Ivan,

I'd be careful that your money in RAIN may turn into a long puddle! Since top management fled the company, its been all down hill. That can be a problem when the visionary of a trendy company takes leave. I don't think there are any major positives yet for the company.

Kind of like OXHP announcing that it will charge hospitals more and pay doctors less. Who's going to buy a plan with an emergency room full of hungry and underfed doctors driving Volkswagens instead of Mercedes? Obviously, they shot themselves in the foot with those announcements. Now the question is, who even wants to buy them? Prudential's HMO is on the block for sale, BTW...

:)
Joanie