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Technology Stocks : USRX
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To: Scrapps who wrote (17512)4/22/1997 12:06:00 AM
From: David Lawrence   of 18024
 
Scrapps,

As you know, I averaged down last week. While the volume in COMS and USRX was decent today in terms of a potential selling climax, the Nasdaq volume was unimpressive.

I've got mucho long shares, August and January calls, as well as a few Mays. Time to follow the first rule of holes - when you're in one, stop digging. I'm sitting pat until we see the key reversal. Didn't happen today.
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