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Technology Stocks : ADE Corp.
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To: Bruce L who wrote (321)6/10/1999 8:43:00 PM
From: Bruce L  Read Replies (1) of 346
 
We had the best day in over a year and I wonder if there's anyone left to care.

Be that as it may be, the finish today very good, closing at 10 3/4 at the high for the day. As predicted, the late day pullback may have been engineered by MMs out to flush daytraders. The retreat was on very low volume and relatively tiny trades.. So we have a marubozu and a 95% chance of a further rise tomorrow.

Almost certainly connected with the Intel report of multi-billion$ investment in 12mm manufacturing, but the heavy concentration of large block purchases on heavy volume was impressive.

Only caveat is that most of the blocks were at or before 9 3/4.

Bruce
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