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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: BomboochaBoy who wrote (983)11/19/1998 7:12:00 PM
From: Rick Faurot  Read Replies (1) | Respond to of 90042
 
Paul,

I had no trouble pullin the trigger on XCIT after it fell off from 57, but the lack of a bottom was a shock. You are in pretty far off the bottom, but I expect a significant bounce early due to the overdone pullback. I would take the profit tomorrow, myself. XCIT has not been real strong of late despite the nice pops. It pulls back hard every time.

Good luck on your hold.

Rick


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