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Technology Stocks : Vitesse Semiconductor
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To: Duane L. Olson who wrote (3910)4/6/2001 12:52:26 PM
From: albert_fong  Read Replies (1) of 4710
 
Duane, maybe I was too pessimistic by focusing too much on technicals. Although VTSS gapped down a bit today, it has been holding up above yesterday's low so far. I guess longs are still sceptical about yesterday's action while shorts started to get a bit nervous with just a modest profit taking today. If Nasdaq closes at a better level today, perhaps we may see a better candlestick for this week on weekly chart, almost looks like a hammer?

Regards,
Albert
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