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Technology Stocks : PROGRAMMER'S PARADISE (PROG)
PROG 0.146+6.5%Jun 13 5:00 PM EST
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To: Mad2 who wrote (2199)6/4/2000 1:29:00 PM
From: Zeev Hed  Read Replies (1) of 2383
 
Personally, I do not think we have actually bottomed, but the downside risk is minimal (mind you I said the same when the stock was at $5, so take this with a grain or two of salt). The way I see the market in general is that this rally is going to stall just under 3900 (if we take out I have 4390 as the next target) and then revisit the 3400 area later this moth, if we do go down to the 3400 area, I think that PROG may make a marginal new low. I for one, have a GTC at $2.75 for such an eventuality.
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