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Technology Stocks : Data Dimensions

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To: TA Trader who wrote (2614)8/6/1997 2:04:00 PM
From: Mitch Blevins   of 4571
 
Wheee! 28 3/4 and falling like a hot knife thru... just kidding.
It hit a sharp plateau at 30 yesterday. But this seems to be more of a psychological selling point than anything else. Most previous runup volume was in the 30-31 range. I agree with you that you need to spend some time below 30 to help raise everyone's profit selling targets, and come down out of overbought territory. If DDIM can bang its head on 30 a few more times, it could just see 35 this month.
.
~Mitch~
(then you short it quick)
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