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gtober

10/12/04 1:21 PM

#308472 RE: Newly2b #308467

Exactly what I see too.
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Logothetis

10/12/04 1:50 PM

#308487 RE: Newly2b #308467

intraday? maybe pending what it does. It will break up or down here. History shows that it doesn't like to trade too far below the 50day for prolonged periods of time on its sell-offs. Rsi, stochs, williams R, which I follow all seem to indicate a basing period before retracing the losses. 17.20 support held. Furthermore, no basis for the sell-off when you look at the very recent fundies - reconfirmed earnings Friday and Monday morning. Good enough for me to grab it for a potential $2 in the coming days and/or small loss on a relatively tight stop. Essentially a DT which I may elect to hold through the remainder of the week.