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mcmike

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mcmike

Re: None

Tuesday, 10/19/2004 11:58:45 AM

Tuesday, October 19, 2004 11:58:45 AM

Post# of 316702
STLD bounce candidate

was mentioned on another thread re. good earnings.
am listening to the cc call.
can find nothing wrong to warrant the downdraft except that their tax rate is going to be a little higher cuz they're making money.
co. has the highest short interest in their sector.

would assume that the share price will get back into the recent channel and is therefore a reasonable bounce play

watching Level II the stock also is a quick mover and if any institution were to start accumulating the sp would fly.

have a small start at 31.15

TRADING: "More Signal...less Noise"


LIVING: "One World, One Family, Warm Heart" Dalai Lama

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