Replies to post #3217 on Hayes Lemmerz International Inc. (fka HAYZQ)

[dylyo]

I dont know about your situation

and I am not trying to make predictions



But I have been following supplier stocks for the past 2 months and think momentum had to die off at least one day - today looks to be that day

like you said
HAYZ already had a nice ride the previous few trading days


we saw some slight action the 12th and 13th

then opened big the 16th through 18th

now its the 19th and the RSI is riding back down towards 50

I dont expect it to last long with the current excitment from other suppliers and guaranteed gov credit

and one other thing
profit takers from various supplier stocks will be moved into other supplier stocks like HAYZ

Dont be suprised to see some LEA, VSTN, AXL, etc holders sell off and move into HAYZ


but that is my brain at the moment

I do like the RSI coming down a bit along with the other positive factors

but who knows anymore right?

there are no guarantees