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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: Peter V who wrote (2447)9/8/1998 3:33:00 PM
From: Steve Smith  Read Replies (1) | Respond to of 4634
 
Peter,

The market may rally for 3 days and on the third day, the market will sell off in the afternoon.

On a TA basis, ENVY broke 25 7/16, an important resistant line.

Even though I think ENVY has bad fundamentals, the trend has changed the last 2 weeks.

I would be careful here.

steve