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Technology Stocks : Mortgage.com, Inc- (Nasdaq: MDCM)

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To: Van Nguyen who wrote (314)9/8/1999 3:47:00 PM
From: Ken Whiteside  Read Replies (2) of 516
 
You can throw your triple top stuff out the window. The only thing that matters is the fear of interest rate hikes. That's why this has held where it is. EELN was hammered today and yesterday after reaching 36, back to 31. We're stuck till Friday. If indicators are good on Friday it should run rampant, if not it will go down. Mortgage stocks rely on interest rates, your charts are coincidental to the market fears.
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