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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: HandsOn who wrote (12286)4/6/1999 3:20:00 PM
From: Trader J  Respond to of 56535
 
Hands: NETA - I agree, what a free fall for them recently.

Tj



To: HandsOn who wrote (12286)4/6/1999 3:22:00 PM
From: StockHawk  Read Replies (1) | Respond to of 56535
 
NETA - its fallen quite a bit but the downtrend may not be over. Consolidation problems, possible accounting irregularities - great growth, but I would hesitate to be long this one now.

On the other hand, stocks often rebound the day after a downgrade - if there is no accompanying bad news.

StockHawk



To: HandsOn who wrote (12286)4/6/1999 3:30:00 PM
From: Trader J  Read Replies (2) | Respond to of 56535
 
TRADE: Got NETA at 21 7/16. This issue has quite a following and bounces nicely on bad news.

May be a bit premature, but I don't think so.

Tj