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Teledyne Technologies Inc. Message Board

  • wall_street_mayhem wall_street_mayhem Jul 10, 2009 10:25 AM Flag

    What is wrong?

    This stock is royally stinking it up. I was able to bail and buy back lower this morning but no signs of any buying pressure at all. You would think with a 20% selloff in the past month we'd get some kind of bounce. Not feeling good about this at all. Good luck.

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    • We just bottomed today-finally.TDY has fooled me many times in the past-this time is no exception, I've just learned to live with it.TDY has been under institutional ACCUMULATION all the way down here--Just check out the three month "Acc./Diss." parameter in IBD (hard to believe--I know!) Price has now discounted every screwup known to man except for the end of the world and the second coming! I wouldn't really give a flying crap about earnings when they come out either--THEY SIMPLY CAN'T BE AS BAD AS OUR CURRENT PRICE INDICATES.

109.21+0.43(+0.40%)Apr 21 4:02 PMEDT