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Technology Stocks : Full Disclosure Trading
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To: Sarmad Y. Hermiz who wrote (2621)11/12/2002 10:55:16 AM
From: Sarmad Y. Hermiz  Read Replies (1) of 13403
 
XLNX sold 200 @ 19.60. Was bought yesterday @ 18.70.

Selling piecemeal. 'Cause I don't know how far the shorts' panic will take them. Actually, I'm surprised they didn't try to extend the drop a few more days to cause margin calls. This might be a real turning point in the balance of power between shorts and longs. So far for 4 weeks, the shorts performance has been pathetic. They may well be out of money. In the same way the longs had run out of buying power earlier in the summer.
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