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


To: Nandu who wrote (8172)2/9/1999 4:06:00 PM
From: AlienTech  Respond to of 43080
 
>>Surely a significant portion of the selling is shorting rather than bailing? A covering bounce has to occur sometime...<<

True, but by that time every ninny woudl ahve bailed and the stock would hit 80. That was bad close, 94? Since the downside should have been limited to about 90 or so. Seems the lemmings are already out.
hmmmm... Well guess I'll go join Jay in the corner.