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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (44883)	6/3/1999 3:06:00 PM
From: John Pitera	Read Replies (1) \| Respond to of 86076

OK, I'll put the monkey to work, with his buy button -g- BTW COF has sold off and then rallied back to it's 50 dma at 53.4 and is currently at 52 and change. Stocks that do this often touch that 50 dma and then sell off to new lows. 3 or 4 weeks ago stocks that did this would linger around for 7-10 days before heading back down, DAL was a good example last month when it rallied back to 66-67 hitting its 50- dma and then selling off to it's 200 dma at 56. The market is a little shakier now so maybe it won't hang around for that long. COF is a short to consider.