Larry's Market Comments at Critical Points

[Alex G]

well, let's just say that "past performance is no guarantee of future performance"

obviously, these individual stocks are not always gonna mirror the top and bottom trading ranges of the QQQ, because they have specific news driven price action... case in point NENG and FNSR, which have taken huge hits due to recent specific FA issues

as for SCON, the last bottom was @5.55, and was on large volume... this morning it traded as low as 5.6, but on much lower volume... that's a good sign of a bottom, technically, a re-test on lower volume

something else specific re SCON... on 11-14 it was mentioned in a newsletter, notice the huge volume on that day, this caused kind of a blow-off top
#msg-1750040 #msg-1776852

i also trade this stock EVERY day... so far today it's kinda quiet