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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: John Curtis who wrote (923)8/6/1997 11:55:00 AM
From: Matthew Leo   of 27311
 
market action today was a thing of beauty, the stock was taken lower
on no volume. As it dropped it triggered stops that gave big buyers an opportunity to accumulate cheap.

The sells were small trades the buys 3-8k shares.

The moral of this story is don't play stud poker, with your hand open, when everyone else is playing draw. Limit orders are not meant for you - they are for MMs.
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