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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: tool dude who wrote (21897)3/18/1999 7:22:00 PM
From: RockyBalboa   of 122087
 
I'm sure never did see this stock just played on the insanity of hype wonder if I will ever get the hang of this business?<efax>

That fits my point of view here.
Till $9 I found it apprechiates the normal way, though news perceptio n by the market. When the chart signalized a breakout on the last $9 day, the $15 target came up the first time. What then happened (after the friday closing) may be attributed to squeezing early shorts and pure momentum trading. That has been the point of time when I began to think of exiting it rather early. ...

So I have no position in EFAX right now. I only trade it for the day.

It may settle down in weaker market times but won't go to zero but trades between $15 and $17 for a while.
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