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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: TATRADER who wrote (20602)2/14/2001 10:26:10 PM
From: Oeconomicus  Read Replies (2) of 59879
 
Why do you think it (ELNK) might see 8.12 again? Huge volume over nine (mostly over 9.50). Seems to me only way to see 8.12 would be some disaster, in which case you've got lots of new owners panicking to get out - would one want to buy then? Not that I think anything like that is likely, which is why you won't see 8.12. More likely, this pennant resolves upward, leaving those waiting for such a big dip in the dust. BWDIK?
Bob
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