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Technology Stocks : Activision....Returns!
ATVI 94.420.0%Oct 13 5:00 PM EST

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To: Burlitis who wrote (1726)5/22/2000 4:06:00 PM
From: Scot  Read Replies (2) of 1992
 
I glance at Level 2 on a daily basis, if
they are buying it's in awfully small blocks.

Today there's just a bunch of 1k chunks, even
in the 5's. Wait until summer, i'd imagine when
the volume really dries up the MM's will have
a good old time playing with the price.


I didn't mean to be so prophetic with that statement this morning....

I haven't glanced at level II, but I did notice the volume has tailed off the last couple of days.

So what do you think? Is there a bottom here? Would you consider buying in/averaging down? At what point?

I'm not buying right now out of my regular account but I have cash sitting in my self-directed 401(k) that I've been thinking of using for some long-term trades. The commissions are really high so I can't churn...but the market has got me spooked. I still have to think that there is a bottom here (on ATVI) somewhere....

-Scot
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