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Technology Stocks : Vitesse Semiconductor
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To: Robin who wrote (135)6/27/1996 4:39:00 PM
From: Jim Roof   of 4710
 
Also, a revised view of the chart leads me to believe that the breakout move may have been the very long move from 29 to 17 in more than a week. The move to 26 today is a 70% rally - a lot more than what one would typically expect. I am banking on serious selling pressure - after all there were a lot of folks down in this one.

Weird, real weird. Sorry if I gave you bad advice here. I still think it is primarily weak in the big picture.

Jim
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