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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: lazar921 who wrote (16157)3/2/1999 2:09:00 PM
From: Jim Spitz  Respond to of 122087
 
OMGA - I am not really good at guessing prices over time, even short times. This one has been troubling because of the Dog and Pony show and the MM manipulation. I'm going to just have to play it by ear. I'm leveraged to $9.56. So I would dearly love to see it below $5 in a week. I can't predict that. I do feel it will fall off but I think it will go somewhat slowly as people slowly see their capital fading away.

I don't like waiting that long myself, but hey, I am just getting spoiled by all of the fast action of late. As long as it moves steadily, I will have to be patient. Just like I have to wait on my longs. Over the next few days, especially after tomorrow's D&P show, I think it will start to move more so than today, and then drift down. jimS