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To: Peter V who wrote (1822)	8/15/1998 12:34:00 AM
From: drsvelte	Read Replies (1) \| Respond to of 14427

"One thing I learned and just had reinforced today, is that just because something has dropped, doesn't mean it can't drop further." Peter, you've just learned something very important about momentum trading. I actively look for stocks that have made a sudden breakout or breakdown because generally the momentum keeps moving in the same direction for at least a little while. Case in point, take DD. Yesterday they warn in the afternoon and the stock tanks 5 points. It might seem intuitive to assume that after such a drop the stock is oversold and it will bounce back some. What happens today? DD goes down 2 1/2 more intraday, before recovering a bit. Of course there are nuances and caveats and qualifications, but this is an important part of my trading strategy.

To: Peter V who wrote (1822)	8/15/1998 3:20:00 AM
From: Shelia Jones	Respond to of 14427

Peter, Don't need to justify your actions with that damn tower company to me. Since you seem to hate it almost as much as I did when originally presenting it way back when in June let me suggest just one thing - especially if you are to quote me. It is that damn tower company. Proper grammar and font are most important when shorting it. >>"Witness ABTE, TRBD, and SRCM today, and pick any oil service stock you want."<< My competitive nature forces me often to look for the hard ones. We all have our own cross to bear. Maybe Luc knows what I mean.