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Technology Stocks : VitalStream Holdings Inc. (VSTH)

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To: The SPHINX who wrote (332)6/2/2000 10:16:00 AM
From: Augustus Gloop  Read Replies (2) of 447
 
When people saw this they assumed you were short 5000 shares:

SCII -- What we had today is called a shooting star - amongst the strongest reversal indicators known to candlestick charting - which is regarded as the most accurate method of short term TA.
Strong buying yesterday created a substantial gain. The momentum from yesterday, along with the NAZ futures being up 70pts this morning caused a gap up for opening. Then the market surged taking SCII with it. But at the end of the day, SCII closed for LESS than the open.

This is significant. There was more selling pressure than buying pressure today. And SCII could not hold its price on a day in which the NAZ closed near the day high.

Yes I know the stock is up from yesterday - but technically this a very bearish day for SCII. All of this will be confirmed or proven false by 10AM tomorrow.

I'm short 5K @ 20 5/8 and I'm feeling pretty good about it


I don't think the problem is you shorting. I'm happy to see people make money either way. The problem is the attacking nature and fear you try to instill to those long with your posts.
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