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To: DanZ who wrote (16532)9/30/1998 7:45:00 PM
From: tom pope  Read Replies (1) | Respond to of 53068
 
I agree that something happened. A number of stocks that I follow at a distance either ended up, or well off their lows of the day. Stocks that did me dirt last year when I learned that a low p/e and peg ratio was not a sure road to success - like NANO, TTILF AND FLSHF all ended up. Secondary internets like ITVU and ILOGY. XYLN and CIEN were up while the bigger telcoms were being slaughtered. ATHM was strong. I'm sure everybody has their own list of smaller stocks that bucked the trend today.

While browsing around, I input COSFF, another of my former loves, of which I still own 1k shares. I couldn't believe that the darn thing has doubled (from the one to the two level, admittedly) in the past 3 weeks. Leo, do you still lurk here? What's up? Do the dead really rise?



To: DanZ who wrote (16532)9/30/1998 9:06:00 PM
From: tom pope  Read Replies (2) | Respond to of 53068
 
I just ran a scan of stocks that made a determined bounce off their daily lows. I'm amazed by how many there were. This, believe me, just a partial list.

AVEI
BT
NFB
BK
FRTZ
HLYW
PTEN
ONSL
QHGI
REL
SAPE
VTSS
SRV
SUIT

And many others.

Some of these are just dead cat bounces. Others, like VTSS, may be making interesting short term double bottoms. I haven't bought BT for my IRA yet, but if candlestick afficionados would like to savor a hammer formation take a quick look at it.