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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: LastShadow who wrote (91)8/30/1998 9:25:00 PM
From: Dave Shares  Respond to of 43080
 
Possible Reversals

I'm not sure whether I look at these as possible reversals or bounces, but they sure have taken a hit and I'm not sure that I understand why, from a fundamental standpoint, this has happened to these companies, other than being caught in the market tanking.

Having said this, if there are no buyers, these issues will continue to languish, as they are not the kind of issues that fund managers are going to flock to for buying.

But here they are anyway, keep an eye on them for the week ahead:

MMWW 27
INTS 8.5

David