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Technology Stocks : TLAB info?
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To: Chuzzlewit who wrote (1375)10/13/1997 7:40:00 PM
From: CHIP HUNTER   of 7342
 
Paul I'm not trying to predict TLAB or any other stock on a day to day basis. I position trade based on TA, I try to catch the large moves up or down!! If it can close above 58 for another day or two I will change my mind, but until then I will remain short. We still are at a very critical stage on the charts and my indicators are still bearish but the next day or two will tell me which way the stock is heading. Answer this for me Paul why were almost all the large blocks traded at the bid and on upticks?? In my opinion they were either taking profits or shorting. If they expected the price to go up why would they be getting out??Also the 400k was traded 3/8 below the bid... Could it be the mm were trying to hit all the buy stops before it falls..... just a thought
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