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Strategies & Market Trends : Sharck Soup
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To: Softechie who wrote (19321)4/30/2001 12:53:06 PM
From: Ron Dior  Read Replies (1) of 37746
 
"Once they're running out buyers they will take it down hard."

Soft I could be wrong but my trade data suggests that most of the buying right now is short covering. Most of the selling is short selling. Real buyers are at a minimum and many are holding at these levels. I think if you can spook the ones holding this stock that it will fall hard. For that you would have to take it under $47 ish. The Nas would have to turn down sharply for this to happen. JMHO

Ron Dior
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