Re: [CANSLIM] VRNT

From: Tomas <tomas986@yahoo.com>
Subject: Re: [CANSLIM] VRNT
Date: Sat, 7 Jun 2003 17:54:20 -0700 (PDT)

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Thanks for the advice Charley.

- --- Chazmoore@aol.com wrote:
> Tomas: In all probability the price drop had more to
> do with a general 
> selloff than it did with this specific stock. While
> I haven't done the research I 
> strongly suspect most of the IBD100 pulled back
> Friday. Over 2.5 billion shares 
> traded on the NASDAQ.
> 
> Should you sell? Why not? If the big institutions
> continue the selloff Monday 
> it will eat up whatever paper profit you may have.
> When the market turns on 
> you, just remember that cash is king.
> 
> I hope the market rebounds Monday but the market is
> over bought and a 
> correction is due, and in fact will be good for a
> summer rally. 
> 
> There is an old saying that I can't quite quote
> correctly but it says the 
> market will tell you what to do. Just go with the
> flow.
> 
> Charley
> 


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