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To: KM who wrote (61186)8/26/1998 6:09:00 PM
From: Judy  Read Replies (1) | Respond to of 176387
 
Off topic

The multinational banks like cci and cmb have not finished breaking down yet. cci recently crashed below its 200-day ema and should eventually see 122-124 and then 110-112. cmb is hovering about its 200-day ema because of its relative value. I'd expect this to be a slow breakdown like the oil drillers, but not as severe.

Why didn't you cover AMAT this morning, and then hit it again from the top in another week?



To: KM who wrote (61186)8/26/1998 6:10:00 PM
From: TigerPaw  Respond to of 176387
 
OT Still looking for other plays.
Just for grins I have tried some dead-cat plays lately. In the first
few minutes of the day, on a day the market as a whole is going down, look up the top ten percentage losers and buy one (they usually have had some terrible news). Sell the end of the day or the next day. So far I've made 16-20% each time although I haven't been brave enough to risk more than a couple of K$.
TP


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