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  • JAVELIN2625 JAVELIN2625 Dec 7, 1999 7:56 PM Flag

    Interesting Posts on CRN's board

    buying more WHC today ----- but the market action
    just didn't look like a bottom. I logged off at 15:57
    with the DOW at -65 only to discover that the index
    closed off -118. That was a surprise! This is a very
    good corporation and the people who log onto this
    message board are quite knowledgeable. But the selling
    continues --- in the "old days", tax loss selling usually
    stopped around the middle of the month. But, today there
    appears to be many "investors" who have NEVER experienced
    a significant down market (although WHC certainly
    qualifies this year). So, I wonder if the selling might
    continue up to the last day of the year. It is really hard
    to tell based on the evidence we have at present.
    But, I do think that the 1995 low of around $10 is a
    significant downside barrier. Best of "bottom price guessing"
    for all who are interested in lowering their average
    cost.

 
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