The New QLogic (ANCR) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

0.0%

Aug 24 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Kerry Lee who wrote (10963)	10/7/1997 11:30:00 PM
From: ed doell	of 29386

We haven't seen the MMs flush the sell stops yet. IMO we won't see a move up until they do that. I'm looking at the chart and my gut tells me that ANCR won't move up until it trades through 9$ support intraday. I'm a charthound. Before runups, I've seen the flush out of sell stops all too frequently. Wm O'Neil compares this stock movement to the dip that a highjumper takes before launching. So a box on the stock is the way to go if you have faith in the Co. and want to stay in and protect your position and BP, IMHO... Good luck to all of you on this thread. It's tough when a stock does this for no observable reason, Ed

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next