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Technology Stocks : BORL: Time to BUY!

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To: Michael Coley who wrote (7033)10/30/1997 6:42:00 PM
From: Jack Gibson  Read Replies (1) of 10836
 
Michael: Good post. I agree with it. The reason is that the number of
wall streeters who are predicting a testing of Monday's low will
make it a self-fulfilling prophecy. The selected buying that we
have seen since Tuesday has not been of the sort that dominates
a market. The crowd is not gonna jump in heavily until we retest
the low. If so, then the "double bottom" that seems to be so im-
portant to the TA's will have been met. That will be the signal for
some serious buying. I think we will get a real buying opportunity.
All of this....IMHO.
Cheers and luck to all,
Jack Gibson
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