See the weekly charts of the two stocks..
Sandwich 7.2 shows the extreme bottom and RSI first time breaks 20.
At the current panic time, pick those blue-chip stocks that dropped to the extreme bottom and there was no rebound during dropping.
The current situation is for using "buy and hold for rebound strategy". It's not for contra player to "buy the bottom" since if it's not a bottom, there would be too much pressure for contra player.
10/06/2008
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